Research prepared for a Boston Federal Reserve labor market conference found that whether driving for Uber to make ends meet or taking piecework jobs in retirement, casual contract workers sometimes don't consider themselves "employed" or even a part of the labor force.
The research involved reexamining the detailed responses to a New York Fed survey of "informal work" from 2015 through 2022.
Other research looked at how job training and policies towards employing those with a criminal record might help.
Their research found many gig workers want additional hours of formal employment, suggesting more untapped labor supply.
"And the higher levels of activity and participation can benefit those brought into the labor market, contributing to a vibrant economy that works for all."
Persons:
Mike Segar, Uber, Anat Bracha, Mary A, Burke, Bracha, rehashed, Jerome Powell, Susan Collins, Collins, Howard Schneider, Dan Burns, Paul Simao
Organizations:
REUTERS, Rights BOSTON, Federal, Boston Federal Reserve, Hebrew University Business School, Boston Fed, Fed, New, Labor, Boston, Thomson
Locations:
New York City , New York, U.S, Jerusalem