• Everyone Thought The Gig Economy Was Taking Over. Turns Out It's Not

    15 days ago - By Fortune

    First, the gig economy was taking over.
    Now, it appears that expectations of its increasing influence on the U.S. labor market were largely overblown.
    According to the Labor Department's Bureau of Labor Statistics, the percentage of individuals employed as independent contractors has actually dropped in the last 12 years. The data shows that contract workers comprised 6.9% of the labor market in May 2017, down from 7.4% in February 2005, which was the last time the survey was taken.
    There is one slight exception: according to one economist's analysis of the data , those who work in...
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