Measuring the Impact of the Invisible Economy of Independent Work
Small Business Labs
NOVEMBER 19, 2013
There's a growing view that the way economic statistics are collected and analyzed fails to reflect the economic and jobs impact of independent work - especially independent work created by new economy companies like Airbnb, Etsy and Elance. Elance's monthly jobs report aims to supplement the monthly Bureau of Labor statistics employment report which, according to Elance, "does not fully capture independent workers due to outdated reporting standards."