University of New Hampshire Emergence Of The Gig Economy On US Paper

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Qnccre

Economics

University of New Hampshire

Description

Choose one of the following two questions and use it as the basis of a 3-4 page paper (1.5 or double spaced). In order to support your argument, you should back up your argument with evidence and cite at least 3 high-quality sources.[1] One (or more) of those sources should be an academic journal article. List the references on a separate page at the back of the paper. You should also put a title page on the front of your paper with name, course, date and title of paper.

Discuss at least one positive effect and at least one negative effect of the emergence of the “gig” economy on U.S. workers. By “gig” economy we mean everything from driving for Lyft and Uber to tech professionals working as private contractors instead of for a firm. Be as specific as possible in your answer.

[1] Books, high-quality news outlets (NYT, WSJ, Washington Post, The Economist), academic journal articles (try searching EconLit under “Databases” at library.unh.edu or Google Scholar), data and analysis (research/policy/issue briefs) from government agencies, think tanks or universities. Please ask if in doubt.

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Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

Outline Emergence Of The “Gig” Economy On U.S.
Introduction


In the past, the "gig economy" prevalence has been in the public domain in the United
States



A person gets a short‐term employment contract instead of a permanent job during the
high demand



Companies only buy the exact amount of labor they need when they need it, thus creating
flexibility, freedom, choice, and uncertainty in providing employment opportunities
Positive Impact of "Gig" Economy in the U.S.



Its positive impact is the provision of greater flexibility, freedom, and choice



Changes resulting from flexibility and choice brought by the gig economy are being felt
within the economy



Mary Kay, a top and most influential individual and the president of the Service
Employees International Union (SEIU), stated that the gig economy had signaled
flexibility
Negative Impact Of "Gig" Economy In The U.S.



"Gig" economy cannot offer a long-term solution to the unemployment



It has high chances of reducing their benefits expenses and offers employees flexibility



The inability of the gig economy to offer long-term employment solutions contributes to
an unstable world
Conclusion



The gig economy paints a distinctly unhealthy economy



This economy contributes to the risk of building prolonged, irregular, and long hours



The gig economy is a generally unreliable shared economy that embraces underutilized
assets

References

Anwar, M. A., & Graham, M. (2021). Between a rock and a hard place: Freedom, flexibility,
precarity and vulnerability in the gig economy in Africa. Competition & Change, 25(2),
237-258.
Belanche, D., Casaló, L. V., Flavián, C., & Pérez-Rueda, A. (2021). The role of customers in the
gig economy: how perceptions of working conditions and service quality influence the
use and recommendation of food delivery services. Serv...

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