May 6: Reasons for being a gig-economy worker

Source: Federal Reserve

Source: Federal Reserve
Published: May 2018

Reasons for Being a Gig-Economy Worker

Circulated: May 6, 2019

31% of US adults engaged in gig work in 2017, up from 28% in 2016. Online activities are the most common form of gig work, performed by 16% of U.S. adults.

Main reasons for gig work:

• 39% supplement income from regular work

• 19% hobby or just for fun

• 16% primary source of income

• 9% help family members

• 2% acquire or maintain skills

• 11% other