platform fig 1

On a full-time equivalent basis, the online platform economy is a small share of total employment

 

(a) Uber
Number of Uber drivers ~1.9 million
Average hours per week ~17
Average weeks per year ~13
Average hourly compensation $11.70
All Uber drivers throughout year, as a share of total employment 0.560%
Uber drivers, as a share of full-time, full-year employment 0.070%
Uber compensation, as share total U.S. compensation 0.022%
(b) Online platform economy as a whole, extrapolating from Uber
Total online platform economy, as a share of total employment 0.840%-1.120%
Total online platform economy, as a share of full-time, full-year employment 0.105%-0.140%
Total online platform economy, as share total U.S. compensation 0.033%-0.044%
Higher estimates of the size of the platform economy sometimes include people who engaged in platform or non-platform work, on a part-time or full-time basis, as a secondary or primary job, in the previous week or at any point in the course of the year.
Economic Policy Institute

Source: EPI updated analysis of calculations reported in Mishel (2018).

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