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 The Biden administration has Uber and other gig economy companies in its crosshairs. Andrew J. Hawkins, The Verge, 8 May 2024 Here’s what is top of mind for security experts right now Outdated laws prevent gig economy workers from getting benefits. Toni Allen, Fortune, 3 May 2024 In London, TfL decided in 2017 not to renew Uber’s license to operate, partly over concerns about the conditions endured by gig economy workers. Byryan Hogg, Fortune Europe, 2 May 2024 Government officials work tirelessly to forge global relationships to boost employment in the emerging IT, service, and gig economies. Jonathan M. Hansen, TIME, 7 Apr. 2024 Because of the advancement in technology and the gig economy, especially since the pandemic, people are increasingly working nonstandard schedules in comparison with several decades ago, Yao said via email. Kristen Rogers, CNN, 3 Apr. 2024 Shift work is here to stay, and many workers embrace the flexibility of the gig economy. Allison Arzeno, Forbes, 29 Mar. 2024 Up-to-the-minute references range from the war in Ukraine and the indignities of the gig economy to the misogynistic influencer Andrew Tate. The New Yorker, 22 Mar. 2024 The gig economy is booming and the concept of starting a side hustle lures many. Melissa Houston, Forbes, 25 Feb. 2024

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 17 May. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!