The unemployment rate for workers age 20 to 24, a subset of the 18-to-34-year-old millennials, was 8.4 percent in March, compared with 5 percent overall, according to the Labor Department’s Bureau of Labor Statistics.
Source: Millennials Having Trouble Finding Full-Time Work | Bloomberg BNA
He says way work is structured today isn’t working for most Americans.
Source: Senator Mark Warner says it’s time for ‘capitalism 2.0’
Women and minorities appear more likely to experience violence and discrimination on platforms like Uber and Airbnb. How did the gig economy go so wrong?
Source: ‘There Was a Stranger in My Own House’: Is the Sharing Economy Safe for Women? | Broadly
Key passage: “The consumer is unwilling to pay for the true nature of on-demand.”
Mitch’s Take: This is not the consumer’s problem, but the on-demand company’s failure to segment its services. Having embraced the idea that service is a commodity, they are stuck with low price expectations.
Source: On-demand business models have put some start-ups on life support – LA Times
Because when you have 7 million customers, it’s time to talk to more than just college kids.
Source: Grubhub Rebrands As A Zesty Lifestyle Company | Co.Design | business + design
Paying a dividend is just the latest example of Kickstarter’s heterodoxy. Last year, the company became a public benefit corporation.
Source: Kickstarter Pays Dividend in Unprecedented Move for Startup | Digital – AdAge
Enough with the nickel-and-diming — Apple Pay is a hit at vending machines.Apple’s mobile payments platform goosed sales dramatically when advertised at snack food machines — as well as at
Source: Apple Pay fuels massive sales for vending machines | New York Post
before the industry can cater to what the customer wants, it needs to determine just what that is, according to Anthem’s David Poole, speaking at the conference for America’s Health Insurance Plans Wednesday.
Source: Consumer-driven healthcare: ‘We are them; they are us’