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Krueger and Katz Agree Impact of Gig Economy Smaller Than They Claimed

According the Wall Street Journal, famed labor economists Larry Katz and Alan Krueger, former Chairman of President Obama’s Council of Economic Advisors, now admit their estimate of the gig economy was overstated, after the Bureau of Labor Statistics released a study in June showing the gig economy had not grown significantly since 2005, contrary to their claim.

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