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8%, the highest level ever recorded since 1948. As lockdowns compelled individuals to rely upon supply expert services for almost everything from groceries to apparel, the on-need economy surged. Many who shed their Positions pivoted to versatile function, fueling a shift towards gig-based mostly employment.
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It’s been nearly five years since the earth Health and fitness Organization declared Covid-19 a pandemic— an event that reshaped the global workforce overnight. At its peak, U.S. unemployment soared to 14.
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