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The gig economy. Non-traditional employment is a great opportunity for many, but it won’t replace traditional employment

. IZA World of Labor, (January 2020)
DOI: 10.15185/izawol.471

Abstract

The number of people holding non-traditional jobs (independent contractors, temporary workers, “gig” workers) has grown steadily as technology increasingly enables short-term labor contracting and fixed employment costs continue to rise. For many firms that need less than a full-time person for short-term work and for many workers who value flexibility this has created a great deal of surplus. During slack economic periods, non-traditional work also serves as an alternative safety net. Non-traditional jobs will continue to become more common, though policy changes could slow or accelerate the trend.

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