Singapore’s Gig Workers Most Financially Stressed- DBS Study

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Unveiling the Financial Stress Among Singapore's Gig Workers: Insights from DBS Study. In the dynamic landscape of gig work, where flexibility and independence often coexist, a recent study conducted by DBS has shed light on a concerning issue: the financial stress experienced by gig workers in Singapore. As gig work continues to shape the labor market, it becomes imperative to understand the challenges faced by this growing segment of workers. In this blog post, we will delve into the findings of the DBS study and explore the implications for gig workers in Singapore.

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Gig work, characterized by short-term contracts and freelance opportunities, has gained significant traction globally, including in Singapore. The gig economy offers individuals the flexibility to choose their working hours and projects, but it also presents unique financial challenges. The nature of gig work, with irregular income streams and limited benefits, can lead to financial uncertainty and stress for those involved.