Is TaskRabbit a new recession indicator? Its CEO says applications to be a 'Tasker' have spiked
Briefly

TaskRabbit CEO Ania Smith reported a significant increase in applications to become a "Tasker," reflecting a broader trend of individuals seeking gig work as a supplementary income amidst economic challenges. Over the last three years, TaskRabbit's applications spiked by 15-20% annually. Smith noted that many cities now have waitlists for new Taskers, as they prioritize ensuring that once individuals are onboarded, there is sufficient work available for them. Although the increase might suggest economic distress, she cautioned against drawing direct conclusions about a recession.
We’ve had thousands and thousands of Taskers applying every year, it’s 15-20% more than a year before.
Now in many cities we have wait lists... we want to make sure that if you are on our platform, there's work for you to do.
Read at Business Insider
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