The Effect of Gig Workers on Stock Prices

Gig workers, who are hired to complete a project, or “gig,” constitute a significant portion of the workforce.  The McKinsey Global Institute states that gig workers make up between 20 and 30 percent of all workers in the U.S. and the European Union, and U.S. News estimates that gig workers comprise 33 percent of U.S. workers.  Also, gig workers are not confined to the technology industry.  A 2016 report from the Bureau of Labor Statistics finds that gig workers exist throughout the corporate and civic sectors, including construction, retail, health services, and the arts.  Also, by 2028, many economists expect … Read more