Today news
About the same in other media
1 in 5 gig drivers got unemployment benefits at pandemic peak
Reading now: 680
cnbc.comIn this article
About 1 out of every 5 drivers in the gig economy was collecting unemployment benefits at the pandemic's peak, according to a new analysis published by the JPMorgan Chase Institute.
These drivers worked for «online platforms» offering services like ride hailing (Uber and Lyft, for example) and food delivery (like Instacart and DoorDash).
Nineteen percent of all gig drivers were receiving jobless benefits in July 2020, according to the report, published Tuesday. That's the highest monthly share among drivers during the Covid pandemic. (The report analyzed anonymized personal checking accounts for 30 million Chase customers.)
It's also a higher share than other categories of gig workers and more than twice that of non-gig
Read more on cnbc.comAbout this in other media
Long-term unemployment falls by 357,000 people but is still elevated cnbc.com /3 years ago
Gig-working in England and Wales more than doubles in five years theguardian.com /3 years ago
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
