Oct 19, 2020

Question of the Day: What were the 3 most popular Gig Economy jobs last year for adults?

Answer: Selling goods online (9%), House cleaning/Yardwork (7%), Sold goods at a flea market (5%)

Questions:

  1. Were these the Gig Economy jobs you were expecting to be most popular? Why or why not?

  2. Why might selling items and house/yard maintenance be the most popular gigs?

  3. What are some reasons a person might want to work in the Gig Economy?

  4. Would you ever consider working in the Gig Economy? Why or why not?  

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Federal Reserve Board):

"Among regular gig workers (those who spent at least 20 hours per month on gigs), 47 percent also reported working full time, whereas 33 percent also reported working part-time."

"Selling goods makes up a substantial share of gig activities reported in 2019 (figure 12). Fourteen percent of all adults sold goods to make money in the month before the survey, including 9 percent who sold goods online and 8 percent who sold goods in person (3 percent did both)."

"Gigs that are coordinated online have received a lot of attention, but in 2019 most people coordinated gigs without apps or online platforms. Thirteen percent of adults who performed gig activities both found customers and received payments through an app or online platform, while the rest found customers or received payments some other way."

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Your students can learn more in lesson 6.4 Budgeting in the Gig Economy in the Budgeting Unit.

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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

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