Tag: gig economy

October 15, 2019 Off

The Gig Economy Reality Check: Are Side Hustles Worth It?

By The Admiral Staff

A recent analysis of gig economy income reveals a stark reality: 85% of gig workers earn less than $500 per month. While Airbnb is the top earner, with renters averaging $924 monthly, there’s a significant income gap within the sector. Despite potential downsides highlighted by reports on rideshare drivers and the “loneliness” of gig work, experts suggest the sharing economy offers opportunities for skilled workers and entrepreneurs, and lawmakers are exploring ways to improve worker benefits.