A RECESSION COULD BE BIG TROUBLE FOR THE GIG ECONOMY

The gig economy has been booming during this economic expansion of nearly a decade. Although a great many workers are still struggling to get by, businesses have often been big winners of this change. After all, tapping into a gig workforce can help them stay “lean and mean.” Now investors are waiting for big IPOs from Uber and Lyft, and possibly Instacart and Airbnb, in 2019.

But a recession is expected, with Alan Greenspan warning investors to “run for cover.” How would this affect the gig economy?

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