It used to be that when someone said they were working for a company, it was a pretty safe bet that they were a full-fledged employee, with all the rights and benefits that come along with that status.
But that’s no longer the case. Economists Lawrence Katz of Harvard and Alan Krueger of Princeton found in a 2016 study that the proportion of U.S. workers who do their jobs on a contingency basis hit 15.8 percent in late 2015, up from 10.1 percent in February 2005. The percentage hired through contract companies rose the most, to 3.1 percent in 2015 from just 0.6 percent 10 years earlier.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]