1445: Gig Work in America: Risks, Costs and a Better Path Forward

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 7 December 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Choose your hours, choose your work, be your own boss, control your own income. Welcome to the gig economy, a nebulous collection of online platforms and apps that promise to transcend capitalism. Supporters argue that the gig economy will reverse economic inequality, enhance worker rights, and bring entrepreneurship to the masses. But does it? Guest Alexandrea J. Ravenelle, Associate Professor of sociology at UNC-Chapel Hill and author of Hustle and Gig, shares the personal stories of nearly eighty predominantly millennial gig workers, underlining the volatility of working in the gig economy. For more related content in our "Priced Out" series on CNET Money, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Mailchimp would like to talk to you about customers.
0:03.6	A customer is what happens when marketers fail to personalise their marketing,
0:07.8	grouping customers with very different behaviours into one tangled mess.
0:12.0	But with MailChimp, marketers can use real-time behaviour data to personalise every email for every customer.
0:18.2	So get MailChimp and turn your customers into customers.
0:22.4	Into it MailChimp, the number one email marketing and automation brand.
0:26.8	Based on customer numbers, per verification email, advertising at MailChimp.com.
0:30.4	So Money is brought to you by CNET, the site that shows how to navigate change all around us.
0:36.8	So Money Episode 1445, the cost of living and the risks to the gig economy and its workers.
0:44.6	You're listening to So Money, with award-winning Money Guru Far Nu's Karabi.
0:49.2	Each day, get a 30-minute dose of financial inspiration from the world's top business minds,
0:54.4	authors, influencers and from Far Nu's yourself.
0:58.8	Looking for ways to save on gas or double your double coupons?
1:02.4	Sorry, you're in the wrong place.
1:04.4	Seeking profound ways to live a richer, happier life.
1:07.8	Welcome to So Money.
1:11.0	So I say it is a movement, but it's a movement forward to the past.
1:15.4	So we're seeing a rolling back of workplace protections that W2 employees have taken for granted
1:22.2	and that are out of reach for these 1099 workers, these gig workers.
1:27.2	Welcome to So Money, everybody.
1:29.2	I'm Far Nu's Karabi.
1:30.2	Our conversations around the cost of living in America today continue with our guest Alexandria Ravenel,
	...

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