Question
This year, the term gig worker was added to the Merriam-Webster dictionary for the first time (2021), where it is defined as a person who
This year, the term "gig worker" was added to the Merriam-Webster dictionary for the first time (2021), where it is defined as "a person who works temporary jobs typically in the service sector as an independent contractor or freelancer." A few months later, the statistics database firm Statista reported that the number of freelance workers in the U.S. had reached a new high of 59 million in 2020 (2021, May). This week and next week we examine sources of income and the distribution of income in the United States. As you explore these topics, think about the growing "gig economy" and its potential impact on income distribution - through wage rates, work expenses, benefits such as health care, and other impacts on the U.S. economy and lifestyle for both individuals and businesses. Then, for this assignment, create descriptions that captures the impact of the gig economy.
Here are some things to consider as you get started - there are many others! Income distribution Health care and other "benefits" Transportation changes for gig workers Transportation changes for customers Distribution costs for businesses Business hiring, contracting, and business expectations of workers Risk and insurance implications for workers and business
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