There has been a major shift in the American (and global) economy over the last few years. People are forgoing the traditional employment model and creating the freelance economy. As it stands, over 53 million people are self-employed and studies project the number will continue increasing.
This brings into question how a totally new economy, and a totally new voting block, come into play during an election year. More specifically, how can the freelance economy affect the U.S. presidential election?
Massive new voting block.
The freelance economy was mentioned in a debate a few months ago, and while it hasn't come up again, we shouldn't be surprised if it does. The presidential candidates are now vying for the vote that comprises a third of the U.S. workforce.
She also noted how this will bring into question what a good job for the American people actually looks like. Many people are quitting their jobs so they can have more flexibility, could that lead to mandates such as requiring companies to give family leave to their employees?
Retirement and Healthcare
In an article released in The Guardian, economist Thomas Piketty mentioned how a freelance economy means there is less likelihood that all the wealth will end up in the hands of a few corporations, which is exactly what we have seen occurring over the last two centuries.
While we still don't know where this is heading, we do know things aren't ever going back to how they were before.
6 Ways The Freelance Economy Can Affect The Presidential Election was originally published on the Due Payments Blog by Amanda Abella.