Almost All New Jobs in The US Are Gigs

Research conducted by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that from 2005 to 2015, the proportion of Americans workers engaged in what they refer to as “alternative work” jumped from 10.7% to 15.8%. This is even more proof that the traditional full-time job is rapidly disappearing. In fact, nearly all of the 10 million jobs created between 2005 and 2015 were not those of traditional employment.

Data: Katz and Krueger

While the survey’s original goal was to determine the size of the gig-economy, researchers were surprised to learn just how large the untraditional workforce had grown. “Workers seeking full-time, steady work have lost,” said Krueger. “While many of those who value flexibility have probably gained.”