Summary: U.S. economic analysis is currently flying blind.
The result is that we have one economic picture generated by official jobs reports that seems to do well capturing the dynamics of the 160-million-person workforce that we can measure, and which leaves us rather in the dark about another 100 million or so people who are doing something but who aren’t showing up in the labor force. Reduce that number by the very aged or infirm, and there still are many tens of millions of people living their lives, spending money, not starving, not homeless, and even thrivin
Source: How Uber’s ‘Invisible’ Workforce Could Affect Your Taxes | WIRED