Tag #Gig Economy

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edition.cnn.com

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Sep 6, 19:16

Side Hustles Bloom in Wedding Industry Amid Economic Uncertainty

Amid a slowing US labor market and rising inflation, Americans are increasingly turning to wedding-related side hustles, spurred by the high demand for unique wedding services and the flexibility of the industry.

Side Hustles Bloom in Wedding Industry Amid Economic Uncertainty

Amid a slowing US labor market and rising inflation, Americans are increasingly turning to wedding-related side hustles, spurred by the high demand for unique wedding services and the flexibility of the industry.

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What is the primary economic factor driving the increase in wedding-related side hustles?

The slowing US labor market and economic uncertainty, coupled with persistent inflation, are prompting many Americans to seek supplemental income through side hustles. The wedding industry, with its high demand and flexible hours, presents an attractive opportunity.

china.org.cn

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Aug 19, 16:14

Alibaba Improves Rider Benefits Amid China's Food Delivery Crackdown

Alibaba and Ant Group launched a plan offering improved benefits to all delivery riders on their platforms, including healthcare, education, and career development, following regulatory pressure to curb price wars and improve worker welfare in China's rapidly growing instant retail sector.

Alibaba Improves Rider Benefits Amid China's Food Delivery Crackdown

Alibaba and Ant Group launched a plan offering improved benefits to all delivery riders on their platforms, including healthcare, education, and career development, following regulatory pressure to curb price wars and improve worker welfare in China's rapidly growing instant retail sector.

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How does this initiative address broader concerns about competition and market regulation in China's food delivery sector?

This initiative connects to broader concerns about fair competition and worker welfare in China's platform economy. The plan addresses regulatory pressure to improve the rider experience and follows previous crackdowns on price wars and unfair business practices, reflecting a government push for sustainable growth.

elmundo.es

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Aug 11, 04:14

Soaring Short-Term Contracts in Spain Exacerbate Young Workers' Financial Instability

In July 2023, Spain experienced an eightfold increase in fixed-discontinuous contracts compared to July 2019, reaching 220,228, forcing many young people to work multiple short-term jobs to cover expenses and support their families amid rising living costs and housing crisis.

Soaring Short-Term Contracts in Spain Exacerbate Young Workers' Financial Instability

In July 2023, Spain experienced an eightfold increase in fixed-discontinuous contracts compared to July 2019, reaching 220,228, forcing many young people to work multiple short-term jobs to cover expenses and support their families amid rising living costs and housing crisis.

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What are the significant implications of the eightfold increase in fixed-discontinuous contracts in Spain in July 2023, and how does this impact young workers' economic stability?

In July 2023, Spain saw a significant increase in fixed-discontinuous contracts, reaching 220,228—eight times more than in July 2019. This surge reflects a rise in short-term employment, particularly affecting young people juggling studies and work to cover expenses and support their families. Many, like 20-year-old Jeremy Tufiñoa, work multiple jobs in sectors such as cleaning and hospitality to manage rising living costs and contribute to household income.

dailymail.co.uk

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Jul 30, 10:15

Wag! Files for Bankruptcy After Pandemic Revenue Decline

Wag!, a once high-flying pet services app, filed for Chapter 11 bankruptcy on July 21st due to declining revenues after the pandemic and failure to meet loan terms, resulting in a debt elimination deal with Retriever and delisting from the stock market.

Wag! Files for Bankruptcy After Pandemic Revenue Decline

Wag!, a once high-flying pet services app, filed for Chapter 11 bankruptcy on July 21st due to declining revenues after the pandemic and failure to meet loan terms, resulting in a debt elimination deal with Retriever and delisting from the stock market.

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How did the pandemic and the 2022 loan agreement with Retriever specifically contribute to Wag!'s financial crisis?

Wag!'s bankruptcy highlights the vulnerability of on-demand businesses to economic shifts. The pandemic drastically reduced demand, and the company's inability to secure further funding after failing to meet loan terms led to its downfall. This demonstrates the risks associated with rapid growth and reliance on specific funding structures.

forbes.com

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Jul 23, 10:16

Side Hustles: A Gateway to Full-Time Jobs in 2025

In 2025, over half of Gen Z and Millennials have side hustles, which employers increasingly value as indicators of initiative and skills, leading to more job opportunities; this shift reflects a change in hiring practices where demonstrated abilities outweigh formal education.

Side Hustles: A Gateway to Full-Time Jobs in 2025

In 2025, over half of Gen Z and Millennials have side hustles, which employers increasingly value as indicators of initiative and skills, leading to more job opportunities; this shift reflects a change in hiring practices where demonstrated abilities outweigh formal education.

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What are the potential long-term implications of this trend on career paths, employee expectations, and the future of work?

This trend will likely continue, impacting future hiring practices and potentially reshaping the traditional resume. The increasing acceptance of a "portfolio career" approach, combining full-time roles with side hustles, suggests a future where diverse skill sets and entrepreneurial spirit are highly sought after.

forbes.com

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Jul 22, 19:16

Connectd Secures $7 Million to Fuel Fractional Executive Platform Growth

Connectd, a fractional executive platform, secured $7 million in funding, showcasing the rising trend of portfolio careers and on-demand expertise for startups; the platform uses AI to match startups with senior professionals based on their financial data and specific needs, facilitating over 25,000...

Connectd Secures $7 Million to Fuel Fractional Executive Platform Growth

Connectd, a fractional executive platform, secured $7 million in funding, showcasing the rising trend of portfolio careers and on-demand expertise for startups; the platform uses AI to match startups with senior professionals based on their financial data and specific needs, facilitating over 25,000...

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What is the significance of Connectd's $7 million funding round for the startup landscape?

Connectd, a London and New York-based startup, secured $7 million in funding to expand its fractional executive platform. This platform connects startups with senior expert professionals offering part-time advisory services, addressing a crucial need for specialized expertise in early-stage companies. The funding will fuel the expansion of Connectd's AI technology and US market penetration.

forbes.com

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Aug 25, 04:16

Seven ChatGPT Prompts to Launch a Profitable Side Hustle

Nearly 40% of Americans have a side hustle, with 61% saying their life would be unaffordable without the extra income, according to LendingTree, averaging over \$1,200 monthly; this article details seven ChatGPT prompts to help launch a successful side hustle.

Seven ChatGPT Prompts to Launch a Profitable Side Hustle

Nearly 40% of Americans have a side hustle, with 61% saying their life would be unaffordable without the extra income, according to LendingTree, averaging over \$1,200 monthly; this article details seven ChatGPT prompts to help launch a successful side hustle.

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How can ChatGPT prompts be used to effectively develop and scale a profitable side hustle?

The article details seven ChatGPT prompts designed to facilitate the creation and growth of profitable side hustles. These prompts cover various aspects, from identifying profitable niches and building an email list to automating tasks and developing a roadmap for achieving \$5,000 in monthly profit.

dw.com

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Aug 16, 16:17

Surge in German Side Hustles Reflects Broader Shift in Work Attitudes

Germany saw a surge in side hustles, rising from 3.2 million in 2013 to 4.5 million in 2023, driven by a desire for autonomy and creative fulfillment, particularly among young people; this trend is fueled by technological advancements and legal changes making such work more tax-advantaged.

Surge in German Side Hustles Reflects Broader Shift in Work Attitudes

Germany saw a surge in side hustles, rising from 3.2 million in 2013 to 4.5 million in 2023, driven by a desire for autonomy and creative fulfillment, particularly among young people; this trend is fueled by technological advancements and legal changes making such work more tax-advantaged.

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What is the significance of the rising number of side hustles in Germany and globally, and what are the immediate impacts?

In Germany, the number of people holding down side hustles has significantly increased from 3.2 million in 2013 to 4.5 million in 2023, a trend mirrored globally, albeit more pronounced in the US and UK. This rise reflects a shift in attitudes towards work and financial independence.

forbes.com

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Aug 2, 22:14

AI-Powered Side Hustles: Boosting Income for Millions

The article highlights how AI tools like ChatGPT are enabling a significant portion (27-40%) of American workers, particularly millennials and Gen Z, to create profitable side hustles, often generating $2,000+/month through digital product sales, freelance services, or local microservices, supplemen...

AI-Powered Side Hustles: Boosting Income for Millions

The article highlights how AI tools like ChatGPT are enabling a significant portion (27-40%) of American workers, particularly millennials and Gen Z, to create profitable side hustles, often generating $2,000+/month through digital product sales, freelance services, or local microservices, supplemen...

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What is the primary impact of AI tools like ChatGPT on the burgeoning side hustle economy in the US, and what are the most significant immediate consequences?

The article details how AI tools, particularly ChatGPT, are enabling individuals to create profitable side hustles, with 27-40% of working Americans already engaging in such activities. This trend is especially prevalent among Gen Z (48%) and millennials (44-50%), who leverage AI to scale income streams beyond traditional hourly limitations.

zeit.de

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Jul 29, 07:14

Munich Considers Minimum Fares for Ride-Hailing Services

Munich's city council will vote on a proposal to introduce minimum fares for ride-hailing services like Uber and Bolt starting August 1st, aiming to combat unfair competition and ensure fair wages for drivers, with a proposed base fare of €5.42 and a per-kilometer fare of €2.57, only applying to on-...

Munich Considers Minimum Fares for Ride-Hailing Services

Munich's city council will vote on a proposal to introduce minimum fares for ride-hailing services like Uber and Bolt starting August 1st, aiming to combat unfair competition and ensure fair wages for drivers, with a proposed base fare of €5.42 and a per-kilometer fare of €2.57, only applying to on-...

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What are the immediate impacts of Munich's proposed minimum fare for ride-hailing services?

Munich is considering minimum fares for ride-hailing services like Uber and Bolt starting August 1st, aiming to combat unfair competition and ensure fair driver wages. The proposed fares are approximately €5.42 base fare and €2.57 per kilometer, affecting only spontaneous rides.

bbc.com

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Jul 22, 04:11

Canadian Truckers Face Wage Cuts Amidst Rise of "Uberised" Trucking Platforms

Canadian trucker Jared's experience highlights the impact of "Uberised" trucking platforms, causing wage drops from $3 per mile during Covid to $1.10 on some routes; this digital shift, impacting over 80% of firms employing less than five people, raises concerns among unions like Teamsters Canada ab...

Canadian Truckers Face Wage Cuts Amidst Rise of "Uberised" Trucking Platforms

Canadian trucker Jared's experience highlights the impact of "Uberised" trucking platforms, causing wage drops from $3 per mile during Covid to $1.10 on some routes; this digital shift, impacting over 80% of firms employing less than five people, raises concerns among unions like Teamsters Canada ab...

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How have "Uberised" trucking platforms impacted trucker wages and working conditions in Canada?

Uberised" trucking platforms in Canada have digitized freight matching, offering truckers instant payment and easier work searches but causing wage reductions. Jared, a Canadian trucker, reports earning $1.10 per mile on some routes, down from $3 during Covid. This digital shift has affected the industry significantly, impacting trucker income and raising concerns.

faz.net

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Jul 15, 01:14

Fairwork Report: Stagnant Working Conditions for German Platform Workers

The 2022 Fairwork report on German platform work reveals stagnant and worsening conditions for many despite the departure of Gorillas and Getir; Lieferando leads with 4/10 points, while Uber, Bolt, Uber Eats, and Wolt score zero, highlighting systemic issues despite the EU's upcoming platform work l...

Fairwork Report: Stagnant Working Conditions for German Platform Workers

The 2022 Fairwork report on German platform work reveals stagnant and worsening conditions for many despite the departure of Gorillas and Getir; Lieferando leads with 4/10 points, while Uber, Bolt, Uber Eats, and Wolt score zero, highlighting systemic issues despite the EU's upcoming platform work l...

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What are the most significant immediate impacts of the Fairwork report on the German platform economy, given the EU's impending platform work legislation?

The 2022 Fairwork report reveals largely unchanged working conditions for platform workers in Germany, with even signs of worsening conditions for food couriers, care workers, and rental car drivers despite the exit of major players like Gorillas and Getir. Key issues include inadequate pay, poor working conditions, and lack of worker protections. Top-ranked companies like Lieferando still face criticisms regarding accurate work hour tracking and algorithmic transparency.

Showing 1 to 12 of 111 results