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Photo: Kazuhiro NogiAFP/Getty Images

More than half of the American workforce could be participating in the gig economy within the next 10 years, but the U.S. Bureau of Labor Statistics is underprepared when it comes to collecting who's actually in it, according to Recode.

The big picture: Participants like Uber drivers and Airbnb hosts are becoming an integral way for people to make extra money aside from a 9-to-5 job. However, measuring the data has been so inconsistent, the percentage of gig workers could be anywhere from 4% to 40%. In order for state and local governments to consider different policies like portable benefits and understand what jobs people are accepting in their areas, data will be needed to track mobility.

“The idea that a primary job will pay for most expenses and can be relied on is no longer the case for working Americans.”
— Louis Hyman, director of Cornell’s Future of Work project and a co-director of the Gig Economy Data Hub, told Recode.

Go deeper

Updated 10 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden is delivering his inaugural address at the Capitol. Watch a livestream here.

What's next: Biden and Vice President Harris review readiness of military troops, a long-standing tradition to signify the peaceful transfer of power.

Updated 18 mins ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.

Joe Biden sworn in as 46th president of the United States

Joe Biden was sworn in just before noon on Wednesday as the 46th president of the United States, in an inauguration ceremony unlike any other.

Why it matters: The 78-year-old Democrat assumes the presidency at a fraught moment for the country, which remains polarized and in the grips of a coronavirus crisis that has killed more than 400,000 Americans.