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Independent Work in 2015

Independent Work in 2015: In a 4 year period, the growth of independent work in America has outpaced the growth in the overall U.S. Labor Force. This continu- ing structural shift has illuminated the need for an intense focus on making independent work safer and easier for all. SAFER AND EASIER ENGAGEMENT SOLUTIONS COME INTO FOCUS ACA In 2015 the Affordable Care Act will provide a boost to independent work arrangements, providing greater access to coverage and reducing the need for workers to stay at a job primarily for access to health benefits. 30M $$$ Currently 30 million Americans are working as independents, that number is projected to reach over 40 million by 2019. 40M 300 ВіL More than 1.1 trillion dollars 76% 26 м $1.1T were contributed to our economy in 2014 by independents. 82% In 2006 the IRS reported a gap of nearly 200 billion dollars from under reported self-employment taxes - up nearly 10 billion a year from 2001. Expecting such a trend to continue into 2015 means a Independence is not going away. 26 million American workers Despite the recession, independent worker gap of nearly 300 billion dollars. The recent escalating misclassification lawsuits against Google, Elance, FedEx, Lyft, Uber, Handy, and Lowes will drive the need for safer and easier engagement commitment rose in 2014. 21 years and older and not currently working as an independent are now considering a shift in the next 2-3 82% are satisfied 76% to stay independent practices toward independent worker arrangements. years. sources: SOI Rep. McDermott Leads Legislative Drive to End Misclassification of Workers, Apr. 15, 2008, available at http://www.house.gov/modermott/pr080415.shtml (last visited on March 21, 2010 See Unemployment Insurance, New York Department of Labor, available at http://www.labor.state.ny.us/ui/PDFS/ia31814.pdf http://www.nelp.org/page/-/Justice/IndependentContractorCosts.pdf?nocdn=1 See Unemployment Insurance, New York Department of Labor, available at http://www.labor.state.ny.us/ui/PDFS/ia31814.pdf

Independent Work in 2015

shared by LGuerra on Jan 06
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In a 4-year period, the growth of independent work in America has outpaced the growth in the overall U.S. Labor Force.

Publisher

MBO Partners

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Lorena Guerra

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Category

Economy
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