Re:52% of UK gig workers are earning below minimum wage
by londons_explore on Thursday May 11, 2023 @10:58AM
(#35903136)
One common thing speaking to most low paid workers is that they would like to do more work to earn more money, but there is no more work on offer.
Even amongst software engineers, if you asked your boss "can I work a few extra saturdays and get paid a few extra $k", the typical answer is no.
The labour market is far less dynamic than say the market for carrots, where you can of course give a few $ extra and get extra carrots from walmart.
That does not follow. Suppose the gig workers are doing food deliveries. Each day, the market places X food orders at a total of $Y including fees and tips. If the market clears (no one who places a food order has it left unfulfilled), a reasonable assumption, then the food delivery gig is a zero-sum game. If all the drivers work more hours that just means they’ll be waiting longer, on average, for orders to come in. No amount of extra hours worked will create additional food orders.