Labor Market Flexibility in Platform Capitalism: Online Freelancing, Fluid Workplaces, and the Precarious Nature of Employment
Johanna Grudin, Marek Durica, Lucia SvabovaABSTRACT. This article reviews and advances existing literature concerning labor market flexibility in platform capitalism. Using and replicating data from Ardent Partners, BBC, BloombergOpinion, Bureau of Labor Statistics, Deloitte, Eurofound, EY, Morning Consult, and ONS, we performed analyses and made estimates regarding how gig workers view their jobs (satisfaction, %), attitudes towards contingent workers (%), share of generational groups who think that the gig economy is beneficial for everyone in the UK (%), median individual income reported by alternative workers (US), self-employed EU workers (%, most popular sectors), US workers in alternative work arrangements (%), and top contingent workforce management challenges in 2019 (%). Data were analyzed using structural equation modeling.
JEL codes: L14; L86
Keywords: labor market flexibility; platform capitalism; online freelancing
How to cite: Grudin, Johanna, Marek Durica, and Lucia Svabova (2019). “Labor Market Flexibility in Platform Capitalism: Online Freelancing, Fluid Workplaces, and the Precarious Nature of Employment,” Psychosociological Issues in Human Resource Management 7(1): 72–77. doi:10.22381/PIHRM7120199
Received 14 January 2019 • Received in revised form 16 April 2019
Accepted 18 April 2019 • Available online 1 May 2019