How Payments Factor Into The Growing Gig Economy

The gig world is becoming a mainstream part of the economy, and workers are pursuing specialized jobs in the space. Last month, the all-in-one platform for solo entrepreneurs HoneyBook announced a Series C round. In retail, RADAR’s inventory technology could significantly shape the store experience. And the vacancy rate of community shopping centers in Q1 was unchanged from Q4 of 2018. All this, Today In Data.

Data:

500: Approximate number of square feet covered by RADAR RFID sensors.

38.4 percent: Share of non-seasonal gig workers who sourced their gigs through digital marketplaces.

$28 million: Amount of funding HoneyBook raised in a Series C round led by Citi Ventures.

19.4 percent: Share of gig workers who were not employed outside the gig economy.

10.2 percent: Vacancy rate of community shopping centers in the first quarter.