Category: Economy

The Downsides of the Gig Economy and Portfolio Careers

August 8, 2017
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There is no doubt that the gig economy is growing phenomenally, with some projecting that by the year 2020, close to 40% of America’s work force will be self-employed in some form. The growth of this labour market, where freelance work prevails over permanent jobs, has been largely driven by the availability of the...Continue reading →

What Makes Self-
Employment So
Attractive For
Millennials?

June 13, 2017
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There are many stereotypes and generalizations about millennials, one of the most common being that they are lazy job-hoppers who don’t stay long enough at a job to develop a career. Reports such as this one by the Bureau of Labor Statistics, seems to support this view, showing that an average young adult has held 6.2...
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Should Tax Rates
Be the Same For
the Self-
Employed In the
Gig Economy
and the
Employed?

May 2, 2017
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The Gig Economy Could Cost the IRS Billions of Tax Dollars", screams a Fortune magazine headline. Across the Atlantic, the Guardian informs us that the “booming gig economy costs £4bn in lost tax and benefit payouts” to the UK government. Stat after stat highlights the fact that the proportion of people employed in the gig... Continue reading →

The Gig
Economy is a
Good Thing. Can
it Work for All?

March 21, 2017
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Bethany sits on the park bench, her legs resting on the blue and grey backpack in front of her. Typing on the laptop that sits on her lap, she looks up once in a while at passersby as they hurry to whatever urgent thing awaits them at the end of their journey. She takes a... Continue reading →