We May Soon Get Better at Measuring the Gig Economy

Short article noting that the Bureau of Labor Statistics might be becoming better at measuring the “gig economy” (essentially where temporary jobs are more prevalent, as opposed to permanent jobs). One common example would be Uber, where it has been difficult to determine whether the drivers are independent contractors or actual employees. I find this interesting because it may show how our economy is shifting and that regulations may need to be modified.

http://blogs.wsj.com/economics/2016/01/28/we-may-soon-get-better-at-measuring-the-gig-economy/

One thought on “We May Soon Get Better at Measuring the Gig Economy

  1. On a related note, lots of companies are paying close attention to pending litigation surrounding Uber regarding whether or not they’ve been misclassifying their workers as independent contractors rather than employees. In the event that the court finds that Uber must begin classifying its workers as employees, rather than independent contractors, that could spell serious trouble for startups looking to operate in the gig economy sector. But, it would certainly make measuring the gig economy easier.