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This paper examines the association between income and precarious employment, how this association is changing and how it is shaped by gender and race. It explores how precarious employment has spread to even middle income occupations and what this implies for our understanding of contemporary labour markets and employment relationship norms. The findings indicate a need to refine our views of who is in precarious employment and a need to re-evaluate the nature of the Standard Employment Relationship, which we would argue is not only becoming less prevalent, but also transitioning into something that is less secure.