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by pjc50 3774 days ago
The article talks about work requirements, but does not specify a minimum wage or minimum effective wage. Is someone who is signed up for one of these task apps but only given one hour work a week "working"?

Not to mention that the flood of workers forced into this position will necessarily bid down the hourly rates.

1 comments

Of course it will bid down hourly rates. That will increase demand for such services, thereby allowing more people to enter the workforce [1]. Unemployed workers get jobs, consumers get more services - a win for everyone!

[1] It's interesting how the gig economy can reduce sticky wages, making inflationary stimulus unnecessary.