gig economy

[ gigi-kon-uh-mee ]
/ ˈgɪg ɪˈkɒn ə mi /

noun Slang.

an economic sector consisting of part-time, temporary, and freelance jobs: rapid growth of the online gig economy.

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Origin of gig economy

First recorded in 2005–10; gig4 (in the sense “a job of uncertain duration”) + economy
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020