Blog

The True Earnings of a Sharing Economy Worker

INSIGHTS
COLLABORATIVE ECONOMY

In an article by Jennifer Rossa (@jenrossa) and Anne Riley (@A_Riley17) on Skift, statistical reports were conducted based on the difference in age, education, and income in the sharing economy population, versus the U.S. population. The results were mind blowing.

The True Earnings of a Sharing Economy Worker

In an article by Jennifer Rossa (@jenrossa) and Anne Riley (@A_Riley17) on Skift, statistical reports were conducted based on the difference in age, education, and income in the sharing economy population, versus the U.S. population. The results were mind blowing.

The age demographic between the two populations was shocking. The sharing economy is mainly comprised of ages 18-24, while the U.S. workforce is mainly composed of ages 25-64. This isn’t surprising, since nowadays, the majority of the younger generation is excessively exposed to technology at an earlier age.


bloom3 (1).jpg

The sharing economy workforce is also, by far, more educated, earning a higher level education than the U.S. population at large.


bloom1.jpg

Then there's the argument that the sharing economy doesn’t provide sustainable income for the average worker. According to the Bloomberg Brief’s special report on the sharing economy, that argument has officially been put to rest.

The average sharing economy worker makes the same, if not more, per hour than the average U.S. worker. 

bloom2.jpg

These results are truly fascinating. What most people seem to forget is the fact that sharing economy workers have the same expenses: car insurance payments, health care insurance, monthly bills etc, and are still able to provide a comfortable life for themselves, both financially and physically, while working on their own time and pace. The next time you hear a controversial discussion on the disadvantages of the sharing economy, reference these findings -- the numbers don’t lie.

 

Interested in knowing more about partnering with platformOS?

Ensure your project’s success with the power of platformOS.