Dueling headlines show that when it comes to the gig economy, differing data tell different stories. Citing findings from the Bureau of Labor Statistics (BLS), The Washington Post noted that the share of U.S. workers in the gig economy has fallen to 6.9 percent of workers...
You never know when those Airbnb guests — didn’t they look so innocent on Facebook? — will leave behind a broken TV, whiskey bottles and an unmade bed — or when that rideshare driver will need extra protection against all those risks on the road. The...
And here come the subpoenas …. This week, Uber and Lyft were told by San Francisco City Attorney Dennis Herrera to “turn over records on whether they classify drivers as employees or private contractors, as well as records on driver pay and benefits,” according to a statement...
If you really know the music industry, you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus. So many of them — along with their peers in other areas of show business — spend long...
Payment frictions are rife in the global gig economy. For example, clients might be reluctant to wire funds internationally, forcing freelancers to endure lengthy waiting periods for their earnings. Digital escrow services could alleviate some of these common payment pain points. PYMNTS recently spoke with...
It’s being treated as victory — perhaps a mild one, but still a win — for workers in the so-called gig economy: A recent ruling from the California Supreme Court makes it more difficult to classify people as independent contractors instead of employees. The decision...
Why the Gig Economy is Growing – and What’s Holding It Back Gig workers and freelancers are a tiny minority no more. They are an important, and quickly expanding, portion of the American workforce, presenting workers with a potential new source of income and opportunity....
Can a shift in demographics lead to ripple effects – and maybe even a sea change – in the way gig economy workers get paid? The PYMNTS Gig Economy Index has estimated that gig workers account for 3.7 percent of GDP, worth roughly $711 million...
The gig life isn’t just for Uber drivers. And it’s not just about that much-reported millennial “side hustle” either. “Gig” is really just a new word for “freelance,” and that’s a concept that’s been around for a long, long time, encompassing much more than the...
