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Gig is ‘downward escalator,’ former Labor Secretary says (BuzzFeed News)

August 03, 2016

Former Labor Secretary Robert Reich told BuzzFeed News that the gig economy is bad for workers because of low wages and unpredictability. “The new blue-collar workers are gig-economy workers. If you define gig economy broadly to include part-timers, the self-employed, independent contractors, freelancers and temps, they’re on a downward escalator,” BuzzFeed quotes Reich. Possible solutions that could help include income insurance and portable benefits.