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
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Let it be said that a TV show genuinely focused on an immigrant stuck in New York City’s gig economy hamster wheel as he and his friends are targeted by a serial killer would be a better show than Dexter: Resurrection. Daniel Fienberg, HollywoodReporter, 10 July 2025 The trial of the six Britons revealed more about how this gig economy functions. Christian Edwards, CNN Money, 8 July 2025 The prevalence of gig economy jobs exacerbates financial instability, as these roles often lack job security, benefits, and predictable income. Marni Rose McFall, MSNBC Newsweek, 30 June 2025 The majority work in gig economy jobs, minimum wage positions or jobs that don’t provide affordable health insurance. Lisa Fitzpatrick, Forbes.com, 5 June 2025 See All Example Sentences for gig economy

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

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Cite this Entry

“Gig economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gig%20economy. Accessed 19 Jul. 2025.

Last Updated: - Updated example sentences
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