Economics
Gig Economy Workers Would Prefer Security Over Higher Earnings, Study Finds
- Workers willing to trade 50% of hourly pay for permanent job
- Centre for Economic Performance publishes analysis Tuesday
An Uber driver in Times Square.
Photographer: John Taggart/BloombergThis article is for subscribers only.
Gig economy work is a necessity rather than a choice and those reliant on it would be willing to earn less in exchange for more job security, according to a study of workers in the U.K. and the U.S.
The report by the London-based Centre for Economic Performance calls into question claims that self-employment, freelancing and zero-hour contracts are prized over full-time and employee jobs by people who want flexible working arrangements.