Browsing: Youth Impact Labs

The overall unemployment rates in Kenya stand at 26.4 per cent due to the Kenyan economy’s inability to provide employment opportunities.

To fill this gap, the gig economy is increasingly providing alternative economic opportunities.

In a 2019 report by the Youth Impact Labs, gig work is gradually changing the nature of how Kenya’s workforce accesses jobs, and the phenomenon is shifting the access of work opportunities from informal to digital platforms hence offering new revenue streams, creating more stability and formalizing work conditions.

Read: Investing in Africa’s Gig Economy may be the continent’s solution to change

In the report, Towards A Digital Workforce: Understanding The Building Blocks Of Kenya’s Gig Economy, the total size of the online Kenyan gig economy will reach US$345 million in 2023 and will employ a total of 93,875 gig workers.

The overall growth of the sector in terms of earnings and workers will be 33 …