Freelancing and part-time work are booming, up 20% since 2020. While it offers flexibility, experts caution about challenges and pitfalls.
The labor force continues to evolve as freelance and part-time work popularity is on the rise, with just over a third of us workers now partaking in one of the two.
"We as a society have come to depend on these acts. And, you know, to have a labor pool that's available on demand to get us groceries or packages, and things like that. So really, this gig work is here to stay," said Lindsey Cameron, Assistant Professor of Management at the Wharton School of the University of Pennsylvania.
And because taxes are not automatically withheld from paychecks, as they would be for full-time employees, the salaries might look higher at first glance than they actually are. Employers like Amazon Flex andInstacart have been hit with class action lawsuits for withholding pay or a lack of pay transparency.
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