Definition of «gig economy»

Usage examples

1. The gig economy is on the rise with freelancers and independent contractors taking on short-term gigs or projects.
2. In the gig economy, individuals can work flexible hours and choose when and where they want to work.
3. Many ride-sharing services like Uber and Lyft operate within the gig economy, allowing individuals to work as drivers on their own schedules.
4. Online platforms such as Fiverr and Upwork connect businesses with freelancers for various services, making them part of the gig economy.
5. The gig economy provides opportunities for individuals to earn extra income or pursue their passion projects while maintaining a traditional job.
6. Gig economy workers often have to manage their own taxes, insurance, and other benefits as they are not typically provided by the companies they work for.
7. The gig economy has disrupted traditional employment models as more people choose flexible work arrangements over traditional full-time jobs.