Closing the book on labor markets in 2022 and looking ahead to 2023
Key takeaways
- Data from our platform and government sources suggest diverging paths for labor markets in metropolitan areas across the country.
- Factors related to the pandemic will probably wane in 2023 as labor markets and spending patterns stabilize.
- Continuing uncertainty about the economy will make flexible work a crucial tool for fine-tuning labor supply to meet demand for goods and services.
3 ways flexible work equips workers to survive recessions
Key takeaways
- Flexible work provides a budgetary cushion for people who lose jobs and even for full-time workers who need extra money.
- People who do flexible work can gain new skills by trying out different roles.
- Flexible workers also expand their networks and counteract the economic cycle by working in different industries.
Employee Spotlight: Aaron Eichenbaum, Director of Sales
Our mission at Instawork is to create economic opportunities for local businesses and professionals, globally. In order to achieve that mission, we have built a team composed of talented and hard-working individuals who are passionate about connecting skilled hourly professionals with local businesses who need their services.
Are energy companies' profits fueling Houston's jobs recovery?
The Houston metropolitan area may be known for its involvement with oil and gas, but these days only 1% of the area's jobs come from taking those fossil fuels out of the ground. Of course, the petroleum industry as a whole still drives much of the local economy – and the profits of these companies appear to be underpinning a resurgence in employment.
How to financially recover from Black Friday and Cyber Monday with flexible work in Tampa
Black Friday and Cyber Monday have come and gone, leaving many of us looking for ways to pay for our holiday shopping sprees. Everyone has a holiday wish list - and yours may be finding a way to pay your credit card bill.
Cue the ability to make extra cash during the holidays on your own terms with Instawork!
What is the minimum wage gap in your area?
Key takeaways
- Minimum wages bear little relationship to the cost of living in metro areas across the United States.
- Gaps between pay and the cost of living are especially wide for working adults with children.
- Hourly pay determined in the labor market for flexible work is more closely related to the cost of living.
Monthly Labor Market Report - November 2022
Every day, the Instawork platform handles thousands of transactions involving businesses and hourly professionals, generating a huge amount of data on hourly pay as well as other aspects of the labor market. This report summarizes some of the major trends in demographics, roles, and worker constraints in regions across the United States.
How to make money and holiday magic with flexible work in Orlando
Sunshine, beaches, and a very famous mouse. Orlando is fun at any time of year and it’s especially magical at the holidays.
But when the costs of the festivities add up, the festive vibe can switch from joyous to stressful faster than you can say “theme park.”
Tampa's jobs boom is bucking the trend
The Tampa Bay area suffered a sharp decline in employment at the beginning of the Covid-19 pandemic, but its jobless rate is now among the nation's lowest. Unusually, the fastest-growing sector in the past year has been leisure and hospitality. Even more unusual, employment in the sector now exceeds its pre-pandemic level. What's going on?
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