According to a new study by Oxford Economics, even with a large portion of the United States’ economy heavily clustered within the 10 largest cities, nearly two thirds of total output comes from medium to small sized cities and metro areas.
According to a new report released by the Labor Department, the gig economy is actually slightly smaller than it used it be. What does this mean? Simply put, there are less workers today considering themselves in contingent or temporary positions overall. Even with all of the hype surrounding non-traditional work including freelancing, the results indicate that within the last 20 years, the US economy has remained largely unchanged in this regard. Ultimately, the report is finding that workers, although they may accept contingent or temporary work for the time being, would still prefer something long term.
