Gig Economy Index news and trends

Digital Marketplaces’ Growing Role In The Gig Economy
Digital Payments // May 16, 2019

The gig economy has operated — and thrived — in a gray area. There has been a question as to whether workers are actually employees or contractors. The classification is far less nebulous as the Labor Department weighed in on the side of companies like...

Gig Economy Moves Toward Critical Mass
Gig Economy // April 08, 2019

The gig economy now is a noun, where once to “gig” was a verb, without critical mass — to “gig” in other words, was to supplement income, to make ends meet. And yet with the latest iteration of the Gig Economy Index, some new data...

How Gig Work In The US Became A Career
Gig Economy // April 05, 2019

With U.S. gig workers accounting for more than $1.4 trillion in income by the end of 2018, it’s safe to say the gig economy is becoming a mainstream part of the global economy. From ridesharing drivers to freelance designers and consultants, an increasing share of...

Amid Job Numbers Blowout, Gig Economy Thrives
Gig Economy // February 04, 2019

On Friday (Feb. 1), the government reported job numbers that blew away expectations. Data from the BLS and ADP, triangulated against the PYMNTS/Hyperwallet Gig Economy Index, showed that as full-time jobs are gaining ground, so is the gig economy, and across several of the same...

Interviews & Exclusives
Amid Job Numbers Blowout, Gig Economy Thrives

February 04, 2019
On Friday (Feb. 1), the government reported job numbers that blew away expectations. Data from the BLS and ADP, triangulated against the PYMNTS/Hyperwallet Gig Economy Index, showed that as full-time jobs are gaining ground, so is the gig economy, and across several of the same sectors. We break down some of the numbers.

Why Gig Payments Need To Be Just Like Cash

January 24, 2019
When looking at the latest edition of the PYMNTS and Hyperwallet Gig Economy Index, there are some familiar trends. According to the data, 35.9 percent of workers participate in the...

Why Gig Workers Need Their Own Bank

September 06, 2018
Freelancing isn't all about being footloose and fancy-free. Navigating paperwork, banking and invoices has its challenges — especially in France. Fresh off a funding round, startup Shine wants to be the freelancer's...

Why Digital Marketplaces Still Struggle To Make Digital Payments To Gig Workers

August 28, 2018
Gig workers are increasingly embracing ad hoc project work by choice — not because due to need. Hyperwallet's Michael Ting goes behind the numbers in the latest Gig Economy Index...

Quick Reads
Tracker Roundup: What To Think About Now And In The Future

September 03, 2018
Original research. Thousands of individuals and companies surveyed. Insight into all manner of subjects — from mobile shopping to digital banking to self-service kiosks and beyond. The PYMNTS trackers and indexes offer all this and beyond, with an eye on where we’ve been and where we might be headed. Yes, Labor Day is upon us, […]

More Workers See Career Path In Gig Economy

August 22, 2018
Not long ago, direct sales companies — like beauty supplier Avon and health & beauty firm Amway — offered independent agents the opportunity to earn money selling their products door to door....