The Jobs Market Is Strong, But Not Thanks To Gig Workers

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What is the state of the jobs market in the U.S.? It all depends upon who you ask – including Gig Workers.

ADP’s recently released monthly payroll report forecasted strong private sector hiring, but Moody’s begs to differ. Moody’s chief economist says ADP has inflated its report of 275,000 jobs and will be closer to 175,000 to 200,000 in a government jobs report being released later this week.

Whether these job creation figures are accurate or not, there’s no question that the rise of gig work is having an impact on the economy.

In collaboration with Hyperwallet, PYMNTS produced The Gig Economy Index to gather […]

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