Daily News

View All News

Young workers more likely to hold standard jobs outside of gig economy: think tank

June 25, 2019

A majority of younger workers are in standard work arrangements and are more likely than the workforce as a whole to hold standard jobs as opposed to nonstandard employment such as working through a staffing firm, according to a report by the Center for Economic Policy Research, a left-leaning think tank based in Washington.

Younger workers are defined as those between the ages of 21 and 25.

It noted the share of young workers who operate as independent contractors fell to 2.1% for college grads in 2017 from 2.6% in 2005. Among young workers who did not graduate from college, the percentage declined to 2.7% in 2017 from 3.1% in 2005.

The report said that only 1.0% of young workers worked through an online platform such as Uber or TaskRabbit.


Add New Comment

Post comment

NOTE: Links will not be clickable.