gig economy

(redirected from gig economies)

gig economy

A labor market in which temporary or freelance work is common. A "gig" is a one-time job. After getting laid off from my full-time office job, I started doing freelance work, like many other people in the gig economy.

See also: economy, gig

References in periodicals archive ?

In the race of freelancing, Pakistan has beaten other countries including India to claim the top spot among Asia nations that showed steep upwards growth in their gig economies. The US stood first among the fastest-growing freelance markets with a rising figure of 78% since the last year's same period.

Pakistan becomes the 4th fastest growing freelance market surpassing India

Marsh said it is developing a blockchain-based verification product for clients in the fast-growing sharing and gig economies.