The gig economy is distorting U.S. data on inflation, wages and job growth

Online shopping and the gig economy haven't just disrupted traditional brick-and-mortar business, they're disrupting the way U.S. job growth, wage data and inflation are tracked, asserts a new paper from the Dallas Federal Reserve. What it means: There has been an increase in the number of workers in the gig economy who are either working as contractors or are self-employed, but report themselves as employed. These workers often have less bargaining power and lower wages than full-time employees.
Read more: https://www.axios.com/gig-economy-employment-economic-data-effect-d8ef97ff-1774-4223-9fd8-d50510fb3c9f.html?source=Snapzu