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

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Additionally, the gig economy continues to flourish. —

Chris Westfall, Forbes, 21 Jan. 2025 Like many of us in modern society, Mary-Anne is stuck in a soulless gig economy that offers very few ladders toward upward mobility. —

Marya E. Gates, IndieWire, 13 Jan. 2025 The rise of the gig economy and the increase of entry-level contract work have led to less job security and stability for many workers. —

Danaya Wilson, Forbes, 9 Jan. 2025 The officials reiterated plans to subsidize purchases of smartphones, smart watches and tablets, while increasing vocational training, pensions and support for gig economy workers. —

Anniek Bao, CNBC, 3 Jan. 2025 See all Example Sentences for gig economy