“The shadow economy is a system composed of those who can’t find a full-time or regular job. Workers turn to anything that pays them under the table, with no income reported and no taxes paid. Shadow economies are usually associated with illegal activity, such as drug dealing. But anecdotal evidence indicates that off-the-books work in today’s job market includes personal and domestic workers, such as housekeepers and nannies. It also includes firms that hire hourly or day construction labor, information technology specialists and Web designers. Many who have a job that doesn’t pay enough take another one that pays under the table.”
http://www.cnbc.com/id/100668336
(Visited 40 times, 1 visits today)
Related posts:
Bitcoin Changes Hands At South Korean Bakery Franchise
Ireland is the poster-child of EMU cruelty and folly
Napolitano, Graham: U.S. needs more technological entry and exit controls
Lawsuit: State police destroyed woman's home without reason during raid
Kuwait plunges into political turmoil amid crackdown
Gold’s dichotomy: Investment demand plunges, but consumers keep buying
Judge halts Indiana city's code-enforcement property seizure racket
French woman offers to breast feed gay couples’ babies for $130 a day
Peru’s engineers ‘make’ their own drinkable water in response to shortages outside of Lima
Pittsburgh Residents Being Fined For Parking In Their Own Driveway
Cop Attacks Special Needs Student For Not Having Shirt Tucked In
Chris Christie's Attack on the Civil-Liberties Wing of the GOP
First lawsuit filed for children of drug users under Drug Dealer Liability Act
Feds May Require Cars to 'Talk' to Each Other
China detains Bitcoin fraud suspects