Small Business Labs

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The Long Term Shift to Contract Labor by Small Businesses

Small Business Labs

  Contract labor refers to nonemployee labor, such as freelancers, gig workers, etc. Data from the IRS shows that sole proprietor small businesses spent $69.2 billion on contract labor in 2018 (the most recent data available).  This is up from $64.8 billion in 2017 and just $34.4 billion in 2010.

2018 214
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Who are "Geriatric Millennials"

Small Business Labs

Over the past week, there's been a flurry of articles and social media posts on "geriatric millennials" This term refers to the oldest millennials, those born between 1980 and 1985.      One of the more popular articles is Today's Are you a 'geriatric millennial'?

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The VanLife App

Small Business Labs

The article provides a good description of VanLife: "For those who haven’t heard of it, “vanlife” refers to a recent bohemian trend of people buying cargo vans, old ambulances, school buses and other boxy vehicles, and converting them into livable apartments on wheels (think of it as a do-it-yourself RV). ."

Travel 161
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We're Nearing Peak Fossil Fuel Demand

Small Business Labs

As forecasters we're fascinated that the term "peak oil" now refers to the point in time when global oil demand begins to fall. ."  The drivers of these changes, of course, are the steady declines in the cost of renewable energy sources and their increased use.   But that's quickly changing.

2019 239
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The Anti-Work Movement and the Surge in Self-Employment

Small Business Labs

The antiwork movement (also referred to as the post-work movement) is getting much attention these days.      This attention has been spurred by the growth of  Reddit's/antiwork forum , which has over 900,000 members - who are called "idlers" on Reddit. 

2018 258
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Is the Gig Economy a "Big Nothingburger"?

Small Business Labs

Also, the Katz - Krueger study only looked at those whose primary job was working in the gig economy and those who worked during a specific reference week. It excluded those who work in the gig economy to supplement income from other jobs and those who work in the gig economy, but didn't happen to work during the reference week.

2015 162
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The Rise of the Solopreneur Travel Agent

Small Business Labs

.  Fora joins a growing list of vertical market platforms providing solopreneurs with infrastructure tools for operating their own business.  

Travel 200