Before diving into the evolution of the gig economy, it’s essential to understand what this workforce entails.
Before diving into the evolution of the gig economy, it’s essential to understand what this workforce entails. The gig economy is a labor market characterized by flexible, temporary or freelance jobs, as opposed to permanent, full-time work. With this model — where a substantial amount of individuals work part-time in a temporary position or as independent contractors — the result is cheaper, more efficient services. This approach ultimately benefits workers, businesses and consumers by making work more adaptable to the needs of the current market and more adequately satisfying the demand for flexible lifestyles.