The Rise Of Micro-Labor | On Point with Tom Ashbrook

New websites putting up small jobs for bid, or micro-labor, are on the rise. Clean my compost bin. Buy my dog food. Job-hungry Americans are bidding low. Where does this go?

A lot of Americans need work. A lot of Americans need work done. A raft of new web sites is hooking them up around specific tasks that need doing. You want a pile of sand moved. You post a picture of that pile online.

I bid for the work. I’ll move that sand for thirty bucks. Or twenty. Or ten. Or five if I’m hungry enough. The upside: efficient connection of job and labor, and I make a buck. The downside: it’s work, but not a job. And the low bid that wins can be very low indeed.