gig economy

noun

: economic activity that involves the use of temporary or freelance workers to perform jobs typically in the service sector
One reason the gig economy has taken off: People tend to change jobs more frequently and many enjoy the flexibility of choosing when and where they work.Marcia Pledger
While they are still able to work, boomers will be a big part of a subset of the sharing economy that is sometimes called the "gig economy." Gigs are what they sound like: assignments, contracts or part-time jobs.Linda Nazareth

Examples of gig economy in a Sentence

Recent Examples on the Web This rise in entrepreneurship is due to technological advancements, more remote work opportunities, gig economy growth, changing career expectations, and a higher sense of global connectivity. Nick Kasmik, USA TODAY, 25 June 2024 Democrats have focused more on the gig economy and unionized labor getting undercut by non-union firms. Anthony Hennen | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 12 June 2024 The lockdowns have devastated people who work in the perilous gig economy. Mariana Mazzucato, Foreign Affairs, 2 Oct. 2020 While freelancers enjoy the freedom of the gig economy—freedom ain’t free. Ebony Flake, Essence, 29 May 2024 See all Example Sentences for gig economy 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'gig economy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

gig entry 1

First Known Use

2009, in the meaning defined above

Time Traveler
The first known use of gig economy was in 2009

Dictionary Entries Near gig economy

Cite this Entry

“Gig economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gig%20economy. Accessed 7 Jul. 2024.

Last Updated: - Updated example sentences
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