Gig Economy

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Gig Economy - (noun)


In 2016 the European Commission defined gig work as ‘an economy in which digital technologies enable teams to be assembled around a given project, often across borders, while platforms seamlessly connect buyers with sellers.


Source: Adapted from EuroFound
Example of Use: Workers in the gig economy often face unstable working hours and income, few employment rights, lack of access to career development and training, and uncertainty around social security and pensions.