{"id":551,"date":"2017-07-10T08:56:46","date_gmt":"2017-07-10T13:56:46","guid":{"rendered":"http:\/\/www.employco.com\/blog\/?p=551"},"modified":"2017-08-29T09:20:26","modified_gmt":"2017-08-29T14:20:26","slug":"fearful-cost-going-freelance","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2017\/07\/10\/fearful-cost-going-freelance\/","title":{"rendered":"The Fearful Cost of Going Freelance"},"content":{"rendered":"

Employment expert reveals the hidden dangers of the gig economy<\/em><\/p>\n

\"Rideshare\"Over 25 percent of Americans are now participating in the new \u201cgig economy,\u201d in which they work part-time or contracted positions, instead of dedicated full-time positions. However, a new study warns that the gig economy could be destructive for Americans\u2019 health and well-being.<\/p>\n

Rob Wilson, employment trends expert and President of Employco USA, says, \u201cThe research shows<\/a> that a gig economy leaves most part-time workers without health care, retirement funding, dental care, or disability benefits. Meanwhile, many of these \u2018giggers\u2019 often have to work more than one job<\/a> in order to make ends meet, and this is particularly increasing among female workers.\u201d<\/p>\n

In fact, Wilson says that holding multiple part-time jobs can actually be destructive to a woman\u2019s earning potential, saying, \u201cOne study<\/a> showed that women who held a number of part-time jobs in their 20s saw absolutely no increase in earnings in their 30s, meaning that even as their experience and their families\u2019 needs grow, they do not earn a dollar more.\u201d<\/p>\n

The gig economy can also be destructive to a worker\u2019s physical health. \u201cAn Italian study found that contract workers are more likely to suffer from depression and require prescription anti-depressants,\u201d says Wilson. \u201cWhich is ironic considering these workers often don\u2019t have health insurance which makes this medication extremely cost-prohibitive.\u201d<\/p>\n

Furthermore, Wilson says that these workers are offered very little protection under the law, which has led to many gig employees complaining about inhumane work environments<\/a> and harassment. \u201cThose who work for companies like Uber don\u2019t have much in the way of legal protection, nor do they have any certainty of their earning potential even a few months into the future. It\u2019s clear that the gig economy is not kind to workers on many levels, which is why the focus right now needs to be on creating permanent full-time positions for employees of all ages. While it is possible to make a lucrative living solely off freelance work, the reality is that it comes at a cost, and not many Americans are prepared to pay the price.\u201d<\/p>\n

For more on this topic, please contact Rob Wilson at\u00a0rwilson@thewilsoncompanies.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Employment expert reveals the hidden dangers of the gig economy Over 25 percent of Americans are now participating in the new \u201cgig economy,\u201d in which they work part-time or contracted positions, instead of dedicated full-time positions. However, a new study… <\/p>\n

Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,8],"tags":[],"class_list":["post-551","post","type-post","status-publish","format-standard","hentry","category-careers","category-human-resources"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"\r\nThe Fearful Cost of Going Freelance - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2017\/07\/10\/fearful-cost-going-freelance\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"The Fearful Cost of Going Freelance - Employco Blog\" \/>\r\n<meta property=\"og:description\" content=\"Employment expert reveals the hidden dangers of the gig economy Over 25 percent of Americans are now participating in the new \u201cgig economy,\u201d in which they work part-time or contracted positions, instead of dedicated full-time positions. 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And research shows that over half of these freelancers view their gig positions as\u2026","rel":"","context":"In "Recruitment Solutions"","block_context":{"text":"Recruitment Solutions","link":"https:\/\/www.employco.com\/blog\/category\/recruitment-solutions\/"},"img":{"alt_text":"Gig Economy","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Gig.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":780,"url":"https:\/\/www.employco.com\/blog\/2018\/02\/12\/new-tax-code-lead-big-boost-gig-economy\/","url_meta":{"origin":551,"position":1},"title":"Why the New Tax Code Could Lead to a Big Boost in the Gig Economy","author":"Employco USA","date":"February 12, 2018","format":false,"excerpt":"Employment expert explains why more workers are freelancing\u2026but is it a good idea? The amount of people relying on freelance gigs for their sole salary has increased steadily in recent years. By 2021, over 9 million Americans are expected to be part of the country\u2019s \u2018gig economy,\u2019 in which workers\u2026","rel":"","context":"In "Jobs"","block_context":{"text":"Jobs","link":"https:\/\/www.employco.com\/blog\/category\/recruitment-solutions\/jobs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.employco.com\/blog\/wp-content\/uploads\/2018\/02\/freelance-300x243.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5958,"url":"https:\/\/www.employco.com\/blog\/2025\/10\/15\/hr-newsletter-workplace-impact-of-the-growing-gig-economy\/","url_meta":{"origin":551,"position":2},"title":"HR Newsletter: Workplace Impact of the Growing Gig Economy","author":"Employco USA","date":"October 15, 2025","format":false,"excerpt":"The gig economy is a system in which organizations engage individuals, often through digital platforms or intermediaries, for temporary or task-based work, rather than relying solely on full- and part-time employees. It's quickly becoming a key component of the world economy. Organizations are increasingly turning to gig workers to meet\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":827,"url":"https:\/\/www.employco.com\/blog\/2018\/03\/12\/313000-jobs-added-february-mean-average-american\/","url_meta":{"origin":551,"position":3},"title":"313,000 Jobs Added in February, But What Does that Mean for the Average American?","author":"Employco USA","date":"March 12, 2018","format":false,"excerpt":"Employment trends expert breaks down the numbers from Friday\u2019s jobs report After a pleasantly shocking jobs report on Friday, employment experts are now saying that the United States is at \u2018full employment.\u2019 But, what does this mean for Americans, and are the numbers really as good as they seem? \u201cFebruary\u2019s\u2026","rel":"","context":"In "Jobs"","block_context":{"text":"Jobs","link":"https:\/\/www.employco.com\/blog\/category\/recruitment-solutions\/jobs\/"},"img":{"alt_text":"Jobs","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_JobsReport_Feb18.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_JobsReport_Feb18.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_JobsReport_Feb18.png?resize=525%2C300 1.5x"},"classes":[]},{"id":545,"url":"https:\/\/www.employco.com\/blog\/2017\/07\/18\/new-study-says-half-workers-will-replaced-robots\/","url_meta":{"origin":551,"position":4},"title":"New Study Says Half of Workers Will Be Replaced by Robots","author":"Employco USA","date":"July 18, 2017","format":false,"excerpt":"Employment expert weighs in A recent study has just revealed that technology could replace as many as half of all low-skilled jobs in the United States. 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