Preface: To preface this post today, I want to state that the gig economy is very region-specific, with the Experiences of others being different based on that state in the United States. My expertise, data, and historical facts form my position. However, I know everyone has a different view on this topic, and I'm not attempting to sway your opinion on gig work. Becoming an independent contractor is much better than being a third party between you and the customer. #1 - Income Instability One of the primary reasons I can no longer recommend the gig economy across all states is the inherent income instability. Unlike traditional employment, gig work often lacks a steady paycheck. This instability can be particularly challenging in states with high living costs. For instance, in states like California and New York, the cost of living is significantly higher, making it difficult for gig workers to cover their basic expenses during lean periods ( Opportunity Atlas ). Data Point: A
Summary: While the gig economy offers flexibility and the potential for higher earnings, it also harbors several significant drawbacks that might make you reconsider diving in. Here are ten concerning statistics that reveal the darker side of the gig app economy. I hope this can be a frame of reference for those who do research and those who use data-driven ways to look at gig work. 1. Earnings Below Minimum Wage There was a time when I was looking to earn extra income, and I went to pick up an order, which was already picked up. The order was from a popular fast-food chain restaurant, and I was disappointed that someone already picked up the order. I could have called the app company I was working for but was in a hurry to keep going. I thought I would be credited for that order like I usually was, but I was not. After that order, I waited for 45 minutes and did not receive any order, I was multi-mapping, but the wait time was longer than average. I was just waiting for free, even b