Can Flexible Work Close the Gender Pay Gap?
Labor markets have become more meritocratic over time, with discrimination on the basis of gender and other traits slowly falling away. Yet the gender pay gap still persists in the United States, even when pay is adjusted for hours, roles, and the experience of workers. Flexible work platforms like Instawork may be able to close the gap, though, for a very simple reason: the wage rate for each shift is fixed before any worker takes it.
Introducing hourly wage data from Instawork
Every day, the Instawork platform handles thousands of transactions involving businesses and hourly professionals, generating a huge amount of data on wages as well as other aspects of the labor market. Because hourly professionals represent more than half of the American workforce, an up-to-date picture of trends in their pay can be a useful tool for businesses, investors, and the professionals themselves.
Does the Super Bowl boost the local economy?
The Super Bowl is the biggest single-day sporting event of the year in the United States, and estimates of the economic boost for metro areas that host the game run into the hundreds of millions of dollars. This year the game is at Inglewood's SoFi Stadium, and we've been tracking economic activity in the area for the Instawork Economic Research Newsletter.
Covid-19 and local businesses in real time
As the Omicron variant continues to spread in many parts of the country, the Instawork Economic Research Division has been using our proprietary labor market data to understand the effects of the Covid-19 pandemic on decisions taken by businesses and hourly professionals in real time.