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The Sharing & Gig Economy’s Effect on Employment, Work Life and Careers, Business and Industry Trends Analysis

The sharing economy is disrupting the nature of work, employment and entrepreneurship.  Most sharing/gig economy workers are working as independent, contract workers, not employees.  This means that they do not qualify for company-provided benefits such as health coverage or retirement plans.  Many of them conduct work for two or more sharing economy firms.  That is, a worker might drive for Uber at night, do installations for TaskRabbit on weekends and shop for Instacart on weekdays.  They may vary the schedule according to the demand level, which can be constantly monitored via smartphone.
In one-on-one interviews, Plunkett Research has found that many sharing/gig workers consider themselves to be “entrepreneurs.”  While they may not have created a new company that employs others or makes products, they nonetheless work for themselves, independently, using their own tools or vehicles and setting their own schedules. In that regard, they are literally running a business, in the same way that a one-man plumbing shop is a business.  


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