Nov 09, 2022

Question of the Day: What percentage of gig-workers say they're living comfortably?

When it comes to workers like Uber drivers, how many say they're living on easy street?

Answer: About 13%



Questions:

  • Did you expect more or less gig-workers to report they were living comfortably? Explain why.
  • What are some reasons a person might want to work in the Gig Economy?
  • Would you ever consider working in the Gig Economy? Why or why not?

 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

 

Behind the numbers (Federal Reserve):

"Gig activities were typically not full-time jobs. Sixty-four percent of those who performed gig activities (10 percent of all adults) said they spent less than 20 hours doing so over the prior month. That said, those doing freelance gig work were more likely than those selling or renting items to spend at least 20 hours on it over the prior month.

People performing gig activities often had another job. Over half of those performing gig activities (54 percent) also had a job working for someone else. Even among those who spent at least 20 hours on gigs, 46 percent reported that they had a job working for someone else."

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Play The Uber Game with your students to see if they can make it in the gig economy!

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Sharpen your students' budgeting skills with NGPF's Budgeting unit!

About the Author

Ryan Wood

Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.

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