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You are here: Home / MPRC People / Katharine Abraham, Ph.D. / Katharine Abraham Publications / The Importance of Informal Work in Supplementing Household Income

Katharine G Abraham and Susan N Houseman (2019)

The Importance of Informal Work in Supplementing Household Income

Employment Research, 26(4):4-6.

According to a Federal Reserve survey, nearly 30 percent of respondents reported informal work for pay in the prior month, ranging from online work to personal services to selling goods. Informal work plays a particularly important role in the household finances of minorities, the unemployed, and those who report financial hardship. Independent contractors, other self-employed, and those with unpredictable work schedules are especially reliant on informal work to supplement their income, possibly symptomatic of inadequate or unstable earnings associated with these types of work.

Labor Market, Social and Economic Inequality, Abraham, Economics
LABOR MARKET ISSUES, Employment relationships, Nonstandard work arrangements

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