calling numbers listed in classified ads, or even door to door But TaskRabbit-fo
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calling numbers listed in classified ads, or even door to door But TaskRabbit-founded the year after Apple duced its first iPhone-tries to use the ubiqui smartphones to simplify the process. Originally it set up as a kind of auction market, in which intna ids, but since 2014 it has relied on a streamlined system that is very similar t the way car services like Uber or Lyft match riders willing drivers. TaskRabbit's apps let those seeking helo make their needs known simply by tapping on one of a few common chores; potential workers can then offer to do jobs that match the locations and skills they have put in their profiles, again simply by tapping on jobs that appear on their smartphones. (They have already speci- fied their hourly rate.) The process takes a lot less time and effort than standing on street corners, pounding the pavement, performing online job searches, or even with We Do Chores You Live Life Moving is the worst. Yard work is the worst, Building calling the numbers from ol IKEA furniture is the worst." So began a 2015 report d- style classified ads. How big a deal are enterprises ike Task Rabbit? ? the rise of a people Tree- lance, moving from job to job rather being formal some hype in these pronouncements, but real changs does seem to be happening. In fact, one recent study concludes that on Task Rabbit, a company founded in 2008 (under the name RunMyErrand), that helps people hire others to do their chores. As of 2017 there were about 30,000 of Some observers suggest that we' gig economy, in which large nun these freelancers, whom the company calls Taske and TaskRabbit operated in 23 major U.S. cities and employees of a large firm. There's pro London. Why would becoming a Tasker seem appealing to the number of people with alternative work arrange some workers? The great majority of Taskers are part- ning grew 50% from 2005 to 2015. time workers, who want flexibility in their employment; accounting for cl net U.S. job growth over that period. ments such slogan work. Life. Balanced from workers who combined employment with parent ing, careers in the arts, and so on. the company's pitch to potential Taskers contains the and features testimonials As of 2016, the economy of independent workers in the U.S stunted at 22% to 30% of the workforce. Working part-time for a variety of clients isn't a new phenomenon. On urban street corners across America, workers still line up early each morning in QuE 1. How is the matc hing of job-seekers and employers through services like TaskRabbit likely to affect frictional the hope of getting day jobs in industries like construc unemployment? people considered to be in the labor force? jobs, and only do gig economy work on the side. How for a grow the need for workers fluctuates, sometimes 2. What is the likely efect of such services on the number of unpredictably. For more skilled workers, there are ing agencies like Allegis Group that provide workers on a time. And some people still find temporary jobs by numerous online resources as well as temporary staff 3. Some analysts suggest that most freelancers have other a subcontracting basis, from a few days to months at that statement help explain the lack of clear evidence ing gig economy?Explanation / Answer
1. Frictional unemployment is that kind of unemployment where labor does work when he is searching for job or moving from one job to another job. It has been seen that college students after graduating they dont get jobs instantly and they serach for job. During that searching period they are frictionally unemployed. Until they find suitabel job for themselves they can work for companies like TaskRabbit which has much flexibility. Such employement from compamines like TAskRabbit does not bind any labor and have very much flexibility. Freelance workers can work when they want and not when they dont want to. So until the time they get proper full time job such jobs can filll the gap of frictional unemployment.
2. Labor force includes all those who are at or above 16 years of age who have capacity and willingness to work at prevailiing wage rates and are either employed, slef employed in militiary or actively searching for jobs. It not only consider full time employees but also part time employees. Those people who are working for companies like TaskRabbit which provide so much flexibility and autonomy at job also gets included in labor force. Labor force gets increased beacsue of involvemnet of people working for such work who otherwise were not working such as housewives, college students etc. Thus it increases labor force.
3. Growing of gig economy (prevalence to short term contractual or freelance work as opposed to permanent work) can be identified when we see that people are now preferring more freelance work that permanent work. But however people give consideration to job security more than flexibility. To which they work permanently and also side by side on part time work. Its not like that every part time worker works permanenetly somewhere but it is most of the cases which obviously negate the growing of gig economy.
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