The gig econ­omy didn’t de­liver

The Week (US) - - Business -

Two ex­perts on the “gig econ­omy” now say the Great Re­ces­sion made them over­es­ti­mate its growth, said Josh Zum­brun in The Wall Street Jour­nal. Econ­o­mists Alan Kreuger and Lawrence Katz said in a 2015 study that a grow­ing num­ber of peo­ple “cob­bling to­gether a liv­ing from odd jobs, es­pe­cially via apps like Uber, would up­end tra­di­tional work ar­range­ments.” That didn’t hap­pen. The predictions were driven off base by a down­turn in which work­ers sought odd jobs to make ends meet. Then “as the econ­omy re­turned to nor­mal, they re­turned to more fa­mil­iar work ar­range­ments.” The re­searchers also blame spotty data from the La­bor Depart­ment, which had “re­peat­edly sought, but been de­nied, fund­ing for a sur­vey that ex­am­ined con­tin­gent and al­ter­na­tive work­ers.”

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