Why the ‘gig’ economy may not be the workforce of the future

From Uber to TaskRabbit to YourMechanic, so-called gig work has been widely seen as ideal for people who want the flexibility and independence that traditional jobs don’t offer. Yet the evidence is growing that over time, they don’t deliver the financial returns many expect.

And they don’t appear to be reshaping the workforce. Over the past two years, for example, pay for gig workers has dropped, and they are earning a growing share of their income elsewhere, a new study finds. Most Americans who earn income through online platforms do so for only a few months each year, according to the study by the JPMorgan Chase Institute being released Monday.

Christopher Rugaber, Ap Economics Writer

https://www.sfgate.com/business/technology/article/Why-the-gig-economy-may-not-be-the-workforce-of-13252613.php