Uber and Other Companies Like it Make Up a Surprisingly Small Share of the Gig Economy

The Washington Post – October 13, 2016

The share of workers engaged in gig work has grown over time, though relatively modestly, from about 10 percent in 2005 to almost 16 percent in 2015, according to the report. Popular notions would say that this has to do with technological advancements. But the McKinsey report suggests differently. Among these gig workers, only 15 percent, a relatively small fraction, have earned income using a digital platform. “Despite their extensive media coverage, digital “on-demand” or “sharing economy” platforms such as Uber, Lyft, TaskRabbit, Upwork, Freelancer.com, Thumbtack, Airbnb, and the like facilitate only a small fraction of independent work today,” the report states.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s