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Final Note

Is the gig economy really just the Uber economy?

Lizzie O'Leary Mar 28, 2016
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People sign up to become Uber drivers at a recruitment event. MARK RALSTON/AFP/Getty Images
Final Note

Is the gig economy really just the Uber economy?

Lizzie O'Leary Mar 28, 2016
People sign up to become Uber drivers at a recruitment event. MARK RALSTON/AFP/Getty Images
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There are so many different ways that economists and journalists have tried to describe the phenomenon of the so called “gig economy.”

Or, “sharing economy,” “app economy,” “perma-lancer economy.” You get the point.

These are people who do jobs they find via TaskRabbit, Uber, Lyft, Instacart, etc. New research shows we should probably just stick with “Uber Economy” as our phrase. Labor economists Alan Krueger and Lawrence Katz estimate Uber is responsible for half to two-thirds of this kind of work.

Still, these jobs are a very small slice of the U.S. economy, likely less than 1 percent of the total U.S. working-age population.

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