Working in the gig economy

Fed study: Those who rely on gig work struggle to make ends meet

Most people who rely on gig work are financially vulnerable, according to findings by the US Federal Reserve.

Three in 10 Americans do gig work of some kind, a broad class of temporary employment that covers everything from babysitting to house cleaning to driving for ride-sharing applications such as Uber and Lyft, according to the Fed's annual report on the financial health of households in the United States.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Sunday Times on June 02, 2019, with the headline 'Fed study: Those who rely on gig work struggle to make ends meet'. Print Edition | Subscribe