gig economy

[ gig i-kon-uh-mee ]

noun

, Slang.

1. an economic sector consisting of part-time, temporary, and freelance jobs:

   rapid growth of the online gig economy.

Word History and Origins

Origin of gig economy¹

First recorded in 2005–10; gig ¹( def ) (in the sense “a job of uncertain duration”) + economy ( def )

Example Sentences

To people I know in the bottom income brackets, living paycheck to paycheck, the Gig Economy has been old news for years.

From The Daily Beast