gig economy

noun

Definition of gig economy

: 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