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Where are all the Contingent Workers

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BLS released 2017 Contingent Worker Supplement (CWS). The results showed a slight decline in the percent of workers whose sole or main job was an alternative work arrangement from 10.7 in 2005 to 10.1 in 2017. How do we reconcile these findings with the CWS results? Where are all the contingent workers? We offer a few possibilities.

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The Online Platform Economy: What is the growth trajectory?

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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.

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Paychecks, Paydays, and the Online Platform Economy | JPMorgan Chase Institute

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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.

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