Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by dragonwriter on Tuesday April 02, 2019 @05:00PM
(#19558532)
> Why would “gig economy jobs” get worse?
Because...
> If anything, during a recession, more people will want(need?) to become gig workers.
At the same time, the demand for gig services will drop.
So, to the extent possible, things will get worse for the less-scarce workers, but they’ll also get worse for the firms, because they are already often squeezing gig workers as much (or, in some cases, more) than they can legally get away with, so they don't have a cushion to pass on the demand drop to gig workers and see no net harm.
Because...
> If anything, during a recession, more people will want(need?) to become gig workers.
At the same time, the demand for gig services will drop.
So, to the extent possible, things will get worse for the less-scarce workers, but they’ll also get worse for the firms, because they are already often squeezing gig workers as much (or, in some cases, more) than they can legally get away with, so they don't have a cushion to pass on the demand drop to gig workers and see no net harm.