A Quarter of Americans Make Money from the Gig Economy

Posted November 17th 2016


via Mashable

One-quarter of Americans in some way made money from the gig economy last year, according to a new report from the Pew Research Center.

Twenty-four percent of those surveyed earned money using a digital platform. Of that segment, 8 percent earned money by completing a job or task (like working for Instacart or Uber). Including some overlap, 18 percent of those surveyed made money by selling goods online. Only 1 percent made money by home-sharing through Airbnb or another site.

A McKinsey report estimated in October that between 20 and 30 percent of the working-age population had participated in the gig economy in some way. Both reports set out to determine how gig work is reshaping Americans’ working lives.

“These findings highlight the great diversity of experiences within the gig economy, and also illustrate the extent to which these services are blurring the boundaries between formal and informal employment,” Pew study author Aaron Smith said in a statement. A large portion of respondents cited these platforms as a major source of their income, while a minority view them as a means of making a little extra cash from their hobbies.