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gig economy

American  
[gig i-kon-uh-mee] / ˈgɪg ɪˈkɒn ə mi /

noun

Slang.
  1. an economic sector consisting of part-time, temporary, and freelance jobs.

    rapid growth of the online gig economy.


Etymology

Origin of gig economy

First recorded in 2005–10; gig 1 ( def. ) (in the sense “a job of uncertain duration”) + economy ( def. )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And while the blue collar and gig economy labor markets are less affected, white collar workers who can’t find work begin to flood in, increasing labor supply.

From The Wall Street Journal

She previously worked for Bloomberg Industry Group and American Lawyer Media in Washington, specializing in the gig economy, civil rights, and discrimination law.

From The Wall Street Journal

He is one of millions working in India's rapidly expanding gig economy, which is expected to employ 23.5 million people by 2030.

From BBC

The law was a compromise between labor groups and Silicon Valley gig economy companies.

From Los Angeles Times

In similar fashion, democratized access to AI will power the gig economy, making it easier for companies to engage with skilled contractors as needed.

From The Wall Street Journal