precarity

[ pri-kair-i-tee ]
/ prɪˈkɛər ɪ ti /

noun

a state of existence in which material provision and psychological wellness are adversely affected by a lack of regular or secure income: The precarity that defines this socially vulnerable demographic cannot be ignored.

Origin of precarity

First recorded in 1955–60; precar(ious) + -ity
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019