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International Business Times
International Business Times
Lifestyle
Daniel Lee

Pioneering Change: Stephen Thomello Matsasa's Vision For Catalyzing The Gig Economy

The rise of digital platforms connecting workers with potential customers has significantly contributed to the growth of the gig economy. While developed nations currently dominate the landscape, a report shows a surge in demand for gig workers in developing countries. The gig economy, accounting for up to 12 percent of the global labor market, presents opportunities for individuals in developing nations, especially among women and youth.

Although the gig economy has immense potential to become an avenue to alleviate persisting problems such as labor shortage and poverty, it faces challenges that must be addressed. Firstly, there is the issue of disparity in access to technology that limits employment opportunities for many worldwide. Many gig workers from developing countries do not have access to reliable internet, especially in rural areas, where connectivity is often limited. Limited digital literacy also presents itself as an obstacle, as many lack the skills to navigate online platforms and communicate with clients.

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