Overview
The gig economy has transformed the way people work, offering flexibility and diverse job opportunities. However, it also presents challenges such as job security and lack of benefits for workers. Understanding these dynamics is crucial for navigating the modern labor market. As the gig economy con...
Key Terms
Example: A graphic designer who takes on various clients without a long-term contract.
Example: A software developer hired to create an app for a company.
Example: Full-time employees often have higher job security than gig workers.
Example: Gig workers may earn variable wages based on demand for their services.
Example: Increased gig work may lead to more spending on services like food delivery.
Example: Companies may hire temporary staff during peak seasons.