gig economy

noun

: economic activity that involves the use of temporary or freelance workers to perform jobs typically in the service sector

One reason the gig economy has taken off: People tend to change jobs more frequently and many enjoy the flexibility of choosing when and where they work.

—Marcia Pledger

While they are still able to work, boomers will be a big part of a subset of the sharing economy that is sometimes called the "gig economy." Gigs are what they sound like: assignments, contracts or part-time jobs.

—Linda Nazareth

Examples of gig economy in a Sentence

Recent Examples on the Web

The gig economy drivers within GoLocal’s network are able to deliver goods from places like Home Depot to Sally Beauty, meaning traditional storefronts have almost become their own makeshift warehouses. —Steven Dudash, Forbes, 28 Feb. 2025

Much ink has been spilled about America’s burgeoning gig economy. —Daniel De Visé, USA TODAY, 28 Feb. 2025

Kevin Ha, gig economy expert and founder of FinancialPanther.com, who personally tests and researches side hustles. —Cnbc Make It Staff, CNBC, 18 Feb. 2025

Release Date Confirmed: Your Schedule For The Newest iPhone Beyond flexibility, job satisfaction and pay are key motivators for participating in the gig economy. —Julia Korn, Forbes, 19 Feb. 2025

Word History

Etymology

gig entry 1

First Known Use

2009, in the meaning defined above

Rhymes for gig economy

• deuteronomy
• aeronomy
• agronomy
• astronomy
• autonomy
• gastronomy
• metonymy
• taxonomy