Overview
Digital labor platforms have transformed the way people work, creating a gig economy that offers both opportunities and challenges. These platforms connect workers with short-term jobs, providing flexibility but often at the cost of job security and stable income. As the gig economy grows, it raises...
Key Terms
Example: Many people work in the gig economy by driving for ride-sharing apps.
Example: Graphic designers often freelance to work on various projects.
Example: Income inequality can be exacerbated by the gig economy.
Example: Gig workers often have less job security than traditional employees.
Example: E-commerce platforms like Amazon are part of the platform economy.
Example: The labor market can be affected by economic downturns.