The independent workforce is bigger than anyone thought


The independent workforce — including the gig economy — is larger than anyone has previously estimated, according to a new report.

Up to 162 million people are working independently throughout the United States and European Union, the McKinsey Global Institute determined in its report Independent Work: Choice, Necessity and the Gig Economy.

McKinsey analyzed existing government and private sector data and surveyed workers in the U.S., UK, France, Germany, Spain and Sweden to reach that conclusion. The 162 million number is extrapolated from the finding that independent workers make up between 20 and 30 percent of the working-age population in the U.S. and EU.

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