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Is Gig Economy The New Normal?

It’s something you can expect to hear from media and academic elites. Therefore, like most of their pronouncements, it merits closer examination.
John Hood, Founder and President of the John Locke Foundation, did just that. “In May 2017, 1.3 percent of U.S. wage and salary workers reported that they had been in their jobs for no longer than a year and expect to keep their jobs for no longer than an additional year,” Hood wrote of the latest data from the U. S. Bureau of Labor Statistics. “The latest time BLS asked this question, in 2005, 1.8 percent of respondents fit this definition of contingent workers. In 1995, the share was 2.2 percent.”
“When BLS broadened the definition to include independent contractors and the self-employed, as well as wage or salary workers who’d been in their current positions for more than a year, the share of contingent workers was 3.8 percent

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