June 12, 2018

Don't Be So Sure the Gig is Up

Liya Palagashvili

Senior Research Fellow
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Finish reading Liya's commentary here, at The WSJ online. (Content may be gated for non-WSJ subscribers). 

Data confirm the “gig economy” is taking off—or do they? A 2017 Upwork study found that 36% of the labor force engaged in some form of contract or freelance work in 2017. In 2015 the Mercatus Center counted 1099-MISC and W-2 tax forms, which report contractor and employee income, respectively. The number of W-2s declined 3.5% between 2000 and 2014, while the 1099-MISC count grew 22% (albeit from a much smaller base).