Gig Economy

Gig Economy
NYC Merchants Lose $12B a Year as Remote Workers Embrace eCommerce
February 13, 2023

Remote workers reportedly cost New York City more than $12 billion annually. That’s according to an analysis published Monday (Feb. 13) by Bloomberg News, which estimates that workers in Manhattan are spending 30% less time at the office, meaning they’re spending at least $12.4 billion less...

Gig Economy
EU Debates Digital Platform Rules for Gig Workers
January 24, 2023

The European Commission and the European Parliament are debating the future of digital platform work. The contested ground in question is the platform work directive, first proposed by the European Commission (EC) in 2021 to harmonize employment definitions across the EU. While platform work and the associated...

Gig Economy
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023

The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the uncertainty, P2P may be the go-to option for tips and for odd jobs — for the smaller transactions (by value),...

Gig Economy
Jobber Says Embedded Finance Builds Cash Flow Confidence for Home Services Businesses
January 09, 2023

Home services management app and platform Jobber is enabling service providers with new digital capabilities. Speaking with PYMNTS’ Karen Webster for the J.P. Morgan Payments Global Innovators in Payments Series, Jobber Payments and FinTech Lead Ryan Robertson noted that as the pandemic remodeling boom slows,...

Gig Economy
Surge in Remote Workers Brings Opportunity for Online Retail, Grocery
December 28, 2022

The growing remote workforce presents a unique opportunity for online businesses as they boost online grocery and retail sales. A record number of consumers globally are at least partially working outside the office as of Q3 2022. Of those who reported working in the 30...

Gig Economy
Report: Recession Worries Lead Firms to Turn to Contract Employees
December 22, 2022

More and more American businesses are hiring temporary contract employees as recession fears increase. Companies posted 26% more openings for contract workers between May and November this year versus the same period in 2021, the Financial Times (FT) reported Thursday (Dec. 21), citing data from...

Gig Economy
Uber and NYC Taxi Commission Clash Over Rate Hikes
December 09, 2022

Uber and New York City’s taxi commission are clashing over the rates the firm must pay drivers.  Uber Technologies sued the New York City Taxi & Limousine Commission (TLC) to block the commission’s plan to increase per-minute and per-mile rates, Bloomberg reported Friday (Dec. 9).  The TLC told PYMNTS those...

Gig Economy
Uber Recovers, Instacart Slips in Latest Gig Economy App Ranking
December 01, 2022

Leading contract employment apps are wavering in PYMNTS’ latest Provider Ranking of Gig Economy Apps. Some category leaders regained ground lost last time, while others slipped further. Meanwhile, in the lower ranks of the top 10, some players have pulled way ahead, suggesting that the...

Gig Economy
Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps
November 23, 2022

Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. In a joint release received by PYMNTS, the proposed social security benefits would cover...