All of this means that growth in the gig economy is quite rapid: The Intuit 2020 Report suggests that by 2020, 40 percent of American workers could be alternative workers.
Harvard’s Lawrence Katz and Princeton’s Alan B. Krueger also found that, from February 2005 to November 2015, the number of Americans with alternative work arrangements rose 9.4 million. Their report, “The Rise and Nature of Alternative Work Arrangements in the United States, 1995-2015,” found that the fastest growing group is contract workers. The Kauffman Foundation notes that this rate was greater than the overall rise in employment during that time, making this data even more significant. All of this means that growth in the gig economy is quite rapid: The Intuit 2020 Report suggests that by 2020, 40 percent of American workers could be alternative workers.