You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes can get in the way. In the latest Gig Economy Tracker, Francois de Landes, co-founder...
Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The U.S. is not alone in this trend, with a rising number of workers in countries...
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb. 19). The National Credit Union Administration said Wednesday that it had sold most of its medallion loan portfolio to Marblegate. Neither...
There’s a saying in jurisprudence: Hard cases make bad law. Early this week, a judge denied a request from Uber and Postmates to halt the enforcement of a new California labor law — known as AB5, which was voted into law last year — that...
The rise of the gig economy is inexorable. By some estimates, within this decade, about half of the U.S. workforce will be made up of self-employed individuals. With the rise in short-term ad hoc work, the very nature of how workers are paid is changing,...
Less than 20 years ago, freelancers were still a workforce oddity. They came and went kind of invisibly, taking on overflow work from full-time staffers, floating between different companies and assignments. Even taxi driving was a full-time profession, back when freelancers were rare. Skip ahead...
Gig economy participants make up greater portions of the U.S. and global workforce each year, and are set to represent more than half of all U.S. professionals by 2028. These workers are responsible for many of the instant services today’s consumers have come to expect,...
Today’s consumers place greater value on personalized experiences than on physical retail goods — especially millennials, 86 percent of whom would rather spend their funds exploring new cultures than shopping. Competing for these consumers in an experience economy means firms must offer adventures that cannot...
Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing...
