The Gig Economy

At its core, the gig economy refers to a labor market characterized by short-term contracts, freelance work, or on-demand tasks instead of traditional, full-time jobs. It includes everything from Uber drivers and DoorDash couriers to freelance writers, graphic designers, consultants, Airbnb hosts, and even online tutors.

The name “gig” comes from the music world — think musicians doing one-night performances, or “gigs,” instead of having a steady job at a venue. But today, the term has exploded into the mainstream, applying to millions of people working flexibly, often through apps or platforms, often without traditional benefits or long-term commitments.

So what’s driving this shift?