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Outsourcing Has Upended the Labor Market—but Not Exactly as Expected

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Fears that gig work would replace the traditional job turned out to be overblown. But the look and feel of work has changed over the past decade.

Uber driver Boubacar Sow in Manhattan. The rise of the gig economy helped transform the nature of work in the early years of the economic recovery.

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“The result is that while the number of jobs has risen, the quality of many jobs has fallen”

Wall Street is responsible for this mess. They are the ones outsourcing labor to cut costs and increase profits, despite the devastating effects on American workers.

Sure overblown when a taxi driver used to get 35k and bennies now makes 25 woking for uber

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