Gig Economy

Gig economy refers to the way many people work in the internet age. Instead of a more traditional system where a worker works full time for only one employer, some workers choose to enter the gig economy for the flexibility, freedom and personal fulfillment it provides them.

In a gig economy, temporary, flexible jobs are commonplace and companies tend toward hiring independent contractors and freelancers instead of full time employees. A gig economy undermines the traditional economy of full time workers who rarely change positions and instead focus on a lifetime career.