How Payments Factor Into The Growing Gig Economy

By  |  April 8, 2019
 | 
CA Senate To Rule On Gig Economy Law This Week

The gig world is becoming a mainstream part of the economy, and workers are pursuing specialized jobs in the space. Last month, the all-in-one platform for solo entrepreneurs HoneyBook announced a Series C round. In retail, RADAR’s inventory technology could significantly shape the store experience. And the vacancy rate of community shopping centers in Q1 was unchanged from Q4 of 2018. All this, Today In Data.

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    Data:

    500: Approximate number of square feet covered by RADAR RFID sensors.

    38.4 percent: Share of non-seasonal gig workers who sourced their gigs through digital marketplaces.

    $28 million: Amount of funding HoneyBook raised in a Series C round led by Citi Ventures.

    19.4 percent: Share of gig workers who were not employed outside the gig economy.

    10.2 percent: Vacancy rate of community shopping centers in the first quarter.

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