The gig economy has been blossoming for some time. Uber, Airbnb, petsitters, freelance writers (I think we hire those folks actually), etc. It’s become one of the popular choices of employment for a new generation of workers. We can see the allure. You work when you want for as many hours as you want. Sounds great; but is the gig economy a good thing for the overall job market? Is it good for the workers? Is it good for the economy?
Essentially, gig economy workers are freelance workers. They independently sign up with an employer and each can decided to separate when it suits them. No two week notice necessary. Just leave. That’s appealing to a generation that values their freedom and views the typical workweek with a side eyed, suspicious glance.
While there’s reason to celebrate a freer life, the gig economy has serious downsides. Workers in the gig economy, have no bargaining power over wages or working conditions. No benefits. No job security. They have nowhere to go to complain if they’re mistreated.
Who really wins in the gig economy? And make no mistake, there are definitely winners and losers here. Today, we have a clip that features interviews with gig economy workers and a labor organizer. They discuss the pros and cons of being a gig economy worker. It’s a fascinating glimpse at a whole different approach to work.
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