A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce.
FILE - People stand near the entrance to the World Bank building in Washington, on April 5, 2021. Online gig work is growing globally, particularly in the developing world, creating an important source of employment for women and young people in poorer countries where jobs are scarce, according to a new World Bank report released Thursday, Sept. 7, 2023.
She said online gig work provides women and underprivileged youth “a very interesting opportunity to participate in the labor market.” Roughly 90% of low-income countries’ workforce is in the informal sector, according to the report. The report outlines how social insurance coverage is low among gig workers globally. Roughly half of the surveyed gig workers did not have a retirement plan and as much as 73% of Venezuelan gig workers and 75% of Nigerians did not have any savings for retirement.
In the United States, gig workers, both online and onsite, represent a growing portion of the workforce and there is ongoing contention about worker rights on these platforms. “Right now, there are too many jobs where workers are misclassified,” Block said. “Which means many workers are not guaranteed minimum wage, do not have a social safety net, they don't get unemployment, or workers compensation.”
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Online gig work is growing rapidly, but workers lack job protections, a World Bank report saysA World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce.
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