Vanity Fair's The Obama Administration Is Finally Getting Serious About the On-Demand Economy covers the plan by the Department of Labor and the Bureau of Labor Statistics (BLS) to run the contingent worker supplement as part of the May 2017 current population survey.
In the forecasting world, we call this a signal.
Up until recently, I doubt any mainstream publication had ever written a story about the contingent worker supplement.
It was last done in 2005 and stopped in large part due to a lack of interest in the results - even by labor economists.
But the rise of the on-demand economy has changed all this. Even publications like Vanity Fair are now writing about labor data collection methods.
I'm not knocking Vanity Fair, just pointing out this topic seems a bit different than their usual coverage. For example, after reading their article on the CWS I found out Why Kris Jenner Still Feels Guilty About the Death of Nicole Brown Simpson.
When the general media takes a strong interest in a trend it usually means that trend has moved or is moving to the mainstream.
Comments