Resume Gaps vs. Overlapping Employment: Which is More Concerning to Recruiters?

As I navigate my job search, I’m curious about how recruiters view resume gaps compared to overlapping jobs. In my case, I held two software positions simultaneously, with both employers aware of my arrangement. Unfortunately, I lost my primary job in August 2023, while I continue to work in a secondary consulting role that I’ve held for nearly a year.

Currently, I haven’t listed my secondary job on my resume, which has created a gap since losing my primary position. I’m unsure whether I should include my ongoing consulting role to fill this gap, or if I should leave it off, despite the potential for my resume to appear less favorable. What’s the best approach here?