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Where are all Gig workers and what are they doing?

But the question now is, will it last? These types of arrangements have their benefits, but also more risks. The income will not be stable, although it can be higher. You’ll pay your own taxes, won’t have access to employer health insurance, and will have fewer employer protections, including minimum wage and overtime pay. Much of that higher risk is because our economy is structured for wage earners. President Joe Biden’s Build Back Better plan doubles down on this with government and union worker hiring requirements that aim to make it harder for gig platforms to hire people as contractors. Self-employment has many downsides in our modern economy, which means that some people may be returning to their regular jobs or continuing to work independently as a side business.

Source link Where are all Gig workers and what are they doing?

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