Simply Economics

Gig Economy’s Rise: Flexibility or Exploitation?


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Explore the transformative impact of the gig economy on the global workforce, highlighting both its benefits and the urgent need for worker protections. As the new Labour government aims to abolish zero-hour contracts, this episode delves into the economic, social, and political dimensions of this growing trend. Discover how these changes could redefine the future of work and the implications for millions of gig workers worldwide.

Sources:
https://www.ft.com/content/f7f0d2f9-06c1-4055-9ccd-eed59f73ff84
https://www.businessinsider.com/donald-trump-election-win-high-inflation-risk-tariffs-deportations-taxes-2024-11
https://knowledge.insead.edu/economics-finance/mega-companies-superstars-or-super-villains-0
https://dailyjournal.net/2024/11/08/johnson-county-is-place-to-be-with-economic-growth-despite-low-wages/

Outline:
(00:00:00) Introduction
(00:00:39) Economic impact of growing gig economy
(00:03:21) Economists say Trump could give Americans the very thing they voted against
(00:06:45) Mega Companies: Superstars or Super Villains?
(00:09:43) Johnson County is ‘place to be’ with economic growth, despite low wages
...more
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