Students, fresh graduates possess an enigma and thirst for trying everything new when it comes to starting a career. What better way to give them a platform such as a university marketplace and at the same time getting profits from the same idea. For Entrepreneurs, students have always been a very good population for starting a business. And currently, with the new normal, loss in jobs students are also getting inclined towards the Gig economy.
As quoted by Joinknack, More than half of Generation Z workers are freelancers, and 89% of freelancers wish that their education had better prepared them for this type of work. This data from Upwork’s 2019 Annual Report shows that most schools have been slow to adapt to the changing nature of the workforce.
In the same realm as freelancing, “gig work” is also becoming more prevalent. This 2019 Report from the Federal Reserve found that 37% of 18-29-year-olds in the United States have participated in gig work, which they defined as “informal, infrequent paid activities.” Globally, Kronos found that 46% of Gen Z respondents have done gig work.