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Decoding millennials in the gig economy: Six trends to watch in alternative work

How well do we understand what millennial alternative workers generally look like, do, and want? As more organizations begin to leverage this supply of talent, what story does the data tell about millennials working in the alternative workforce? In this article, we examine over a decade of data and research collected on millennials entering and exiting the alternative workforce to identify potentially notable or statistically significant trends over the years. The data appears to point to six emerging and notable trends that should be on the radar of any leader seeking to leverage the millennial alternative workforce:

  1. The proportion of women in the millennial alternative workforce is shrinking, possibly because more millennial women than men are going back to school.
  2. The proportion of household income millennials receive from alternative work is increasing.
  3. Most alternative millennial workers make less than their traditional full-time employed counterparts.
  4. Millennial alternative workers are often supported by someone else in their household.
  5. Alternative millennial workers are more likely to find jobs in the arts, maintenance, and administrative professions.
  6. Alternative millennial workers appear to be more likely to break the rules, have emotional agility, and work hard.

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Date of publication: May 2018

Organization: Deloitte Human Capital Consulting

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