Retirement Planning for the 'Gig' Economy
Contractors and other self-employed workers need a bigger safety net, less idiosyncratic risk, than other workers.
Investing Specialists
Changes have been coming fast and furiously for workers in the gig economy.
Before the pandemic, the number of gig workers--a broad coalition that includes delivery and ride-share drivers as well as contract-based knowledge workers--was growing quickly. The number of such workers jumped by 15% in the decade through 2019, and 16% of workers at U.S. businesses were independent contractors in 2019.