A gig economy is an economy where organizations rely more on freelancers and independent contractors instead of full-time employees. Temporary positions and flexible jobs are common.
The gig economy is a type of economy where temporary, flexible jobs, or "gigs," are prevalent. In the gig economy, individuals are hired on a short-term or project basis to perform specific tasks or services, typically through online platforms or apps.
Examples of gig economy jobs include freelance writing, ride-sharing, food delivery, and graphic design. Gig workers are often self-employed and are responsible for their own taxes, benefits, and expenses. The gig economy has become increasingly popular in recent years due to advances in technology, making it easier for people to connect with potential clients or customers and work remotely.