The Ups and Downs of Small Business Employment: Big Data on Payroll Growth and Volatility | JPMorgan Chase Institute
In particular, publicly available aggregate data provide an incomplete view of the ways in which employment in the sector shapes the financial well-being of small business owners and their employees. Downloaded the PDF report
More people on online labor platforms than capital (Airbnb, ebay) platforms.
From a universe of 6 million anonymized core Chase customers, we assembled a dataset of over 260,000 individuals who earned income from at least one of 30 distinct platforms between October 2012 and September 2015—the largest sample of platform earners to date. Over this three-year period, monthly participation in the Online Platform Economy grew 10-fold, from 0.1% to 1.0% of adults in our sample. In the same period the cumulative participation grew from 0.1% of adults to 4.2%, a 47-fold growth. We found that this growth also varied between labor platforms, where individuals perform discrete tasks or assignments; and capital platforms, where individuals sell goods or rent assets peer-to-peer.
A truly outstanding hot linked list of data sources on small business. The list had 52 sources as of July 2018.
We define the Online Platform Economy as economic activities involving an online intermediary that provides a platform by which independent workers or sellers can sell a discrete service or good to customers. Labor platforms, such as Uber or TaskRabbit, connect customers with freelance or contingent workers who perform discrete projects or assignments. Capital platforms, such as eBay or Airbnb, connect customers with individuals who rent assets or sell goods peer-to-peer.
Friendly’s went bankrupt, and Subway is closing 500+ locations. But even as fast food and casual dining stalwarts struggle, people haven’t stopped eating out — in fact, they’re spending more at restaurants and bars than ever. Where they choose to go, though, is fundamentally shifting.
Shows initial websites of unicorns in different industries. Notes some of the bigger problems with each.