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Gig work could have long-lasting impact on labor market, Fed board member says

The impact of the move to gig work on the US labor market could be long lasting and significant, said Federal Reserve board member Lael Brainard during a speech Thursday. Public policy should maximize the benefits and work to reduce the risks for workers, she said. In addition, more data is also needed.Brainard noted one […]

The impact of the move to gig work on the US labor market could be long lasting and significant, said Federal Reserve board member Lael Brainard during a speech Thursday.

Public policy should maximize the benefits and work to reduce the risks for workers, she said. In addition, more data is also needed.Brainard noted one study indicated all the net growth in aggregate employment in the decade leading up to 2015 can be accounted for by contingent work arrangements

Source: Gig work could have long-lasting impact on labor market, Fed board member says

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