Moody's Dismal Scientist debunks or attempts to debunk the notion that we are becoming a nation of freelancers.
High-profile stories about “sharing economy” companies such as Uber, whose drivers are contractors instead of employees, have led to breathless stories about how the nature of jobs is changing. “Contract work is becoming the new normal,” says one example of the genre. However, data from the Current Population Survey suggest that if the end of employment-as-usual is coming, the change hasn’t started showing up yet.
But his stats don't feel right. People are running from W2 related taxes and litigation to self-employment activities.