Amazon has been making big investments lately in all of those categories. It has launched its own private fashion labels while expanding its grocery delivery network. Amazon Business, its office supply sales channel, recently announced that it has sold over $1 billion worth of products, just a year after its launch. It even has its own local services network, called Amazon Home Services, for things like plumbing and TV installations.
Katz and Krueger found that the number of people identifying as “self-employed” in the gig economy dropped by about 10 percent, signaling that more of these contingent workers are on-call or working at temp agencies. Even though there are more independent contractors in the gig economy today than in 2005, their overall share of the contingent workforce has diminished.
The demographics also contradict a common narrative that the gig economy’s growth is driven by millennials either looking for a sense of freedom or finding what work they can in a tough job market. Instead, workers between ages 55 and 74 are the major drivers of the gig economy’s growth. Large growth was also found in workers ages 25 to 54.”Alternative work is more common among older workers and more highly educated workers, and the workforce has become older and more educated over time,” Katz and Krueger wrote.
The facilitation of unemployment insurance for on-demand labor must be part of the reform that will be discussed at the Center for American Progress.
Two-thirds of Americans will experience at least one year of unemployment—either themselves or through their head of household—during their working years. For the past 80 years, unemployment insurance, or UI, has provided critical protection for involuntarily unemployed workers and their families by replacing a share of lost wages while workers search for new jobs. UI also helps stabilize the economy during downturns by boosting the spending power of struggling families and creating demand in the economy. In 2009 alone, UI kept more than 5 million Americans out of poverty and saved more than 2 million jobs.As important as it has been in the past, the UI system has not kept pace with changes in the labor force or the economy. In 2014, only about one in four jobless workers received UI benefits—a historic low.
The coming overtime regulations that take effect this December are likely only to contribute to the client base for this kind of [on-demand] firm, since so many in the restaurant industry have feared the new regulations which many said will force restaurants to either raise employee salaries or drastically cut individual hours and hire more part-time workers. employees
Researchers at the center found that out of the 11.6 million jobs created in the post-recession economy, 11.5 million went to people with at least some college education. Of those jobs, 8.4 million went to workers with a bachelor’s degree or higher. People with a high school diploma or less education landed 80,000 jobs in the recovery, the report said.
A pitched legal battle between ride-hailing rivals Uber and Lyft, involving accusations of hacking and corporate spying, ended with a settlement this week that did not require either company to pay money, according to sources familiar with the agreement.
Food delivery is a hard business — and it’s even harder when it needs to be delivered within 15 minutes.
That was the promise that Postmates made with its Pop service, which launched eight months ago in San Francisco and in April in Manhattan. Customers who ordered from a short list of options could get food delivered within minutes. But for at least the past week, all Postmates Pop dishes in Manhattan have been listed as “sold out,” meaning that the service was effectively defunct.
Aiming to shed some much-needed light on what’s proven to be a stubbornly perplexing topic, the IAB Digital Video Board has released a white paper delving into the programmatic realm, which is estimated to make up more than half of all U.S.-based digital video revenue in 2016, according to eMarketer. Contributing to the paper were industry experts representing programmatic video on desktop, OTT and linear TV (including AdRoll, AT&T AdWorks, Comcast, Oracle, Sony Pictures Television, Vevo and Yahoo).