- Separate data released by the Federal Reserve this month found that nearly a third of adults engaged in some form of gig work, either as a primary job or to supplement other sources of income. Private-sector surveys have reached similar conclusions.
Nor does the bureau’s data reflect other changes that have left many American workers with less security and fewer opportunities for advancement. Many companies, for example, now outsource large parts of their business to subcontractors. Employees of those firms will not, for the most part, count as alternative workers under the government’s definition. But they generally earn less and receive smaller benefits than equivalent workers employed directly by large companies, and they have far less opportunity to move up the corporate ladder.
...comes a time when your measurements are no longer valid. And when those measurements are used to set policy, it follows that your policies are no longer valid.