US. Gig economy helps power economy, but its workers can’t retire
America is fast approaching a historic milestone. By 2027, freelancers will make up more than 50 percent of the workforce, marking a fundamental shift in the U.S. labor market. Yet many of these workers will have no retirement plan. According to the Pew Research Center, only 13 percent of single-person business owners are saving for retirement compared to almost three-fourths of Americans in traditional jobs. That leaves tens of millions of freelancers and independent workers at risk, just as other...
