🦔320 million people in China now work in what the government calls "flexible employment," up from 240 million in 2024. That's 40% of the employed population. The category covers ride-share drivers, food delivery, housekeeping, and couriers.
"Flexible" means contract-based, hourly, no benefits and no retirement contributions. Of China's 15.9 million delivery riders, fewer than a million have full social insurance. The surge follows China's real estate crash, which used to drive a third of GDP growth.
My Take
When 40% of a country's workforce does gig work, the economy can't create stable jobs. China's real estate collapse took household wealth and domestic demand with it. The workers who would have built apartments and sold goods to homeowners now deliver food and drive for ride-share apps.
The US has the same problem on a smaller scale. Gig workers don't get 401ks or company matches, and in a country where the median retirement account already sits at $44,115, every job that moves to contract deepens the retirement problem. China just showed everyone what 40% gig employment looks like, and it's fair to ask how close the US is.
Hedgie🤗
Karime yo quiero que tú ganes por ser una persona muy positiva, divertida e inteligente. ❤️
Nos has enseñado a no subestimar a las personas, a elegir nuestras batallas y a controlar nuestras emociones!
#LaCasaDeLosFamososMexico#LaCasaDeLosFamososMx#LCDLFMX2
@RoxanaCompania @DragsNoti@trendt00 Solo se quiere curar en salud, está buscando tiempo en la cámara para repetir mil veces “si me reí, pero luego dije no”
Se dio cuenta con ese clip, cual es la razón por la que le ha ido mal a tierra y está intentando darle la vuelta.
@cncogillespie Solo se quiere curar en salud, está buscando tiempo en la cámara para repetir mil veces “si me reí, pero luego dije no”
Se dio cuenta con ese clip, cual es la razón por la que le ha ido mal a tierra y está intentando darle la vuelta.
ADRIAN MARCELO SI ES UN POTENCIAL FEMINICIDA. No son palabras que se usan al aire, son hechos derivados de sus acciones. Es un peligro para la sociedad y darle eco en televisión nacional es ser cómplices de sus violencias. #LaCasaDeLosFamososMex2#LaCasaDeLosFamososMX