For years, we’ve heard about the growth of the sharing economy as online platforms like Uber continue to shape the U.S. economy. But how influential are they really?
A recent Bureau of Labor Statistics survey on alternative work arrangements claims that there are fewer independent contractors today than there were in 2005—back before Uber’s founding. Considering that the ubiquitous online platforms rely on independent contractors, this survey led some to declare the death of the sharing economy.
But don’t start writing the obituary for the side hustle yet. This new data doesn’t prove that the gig economy is dead, writes Jared Meyer.
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