What is a 'Gig Economy'

In a gig economy, temporary, flexible jobs are commonplace and companies tend toward hiring independent contractors and freelancers instead of full-time employees. A gig economy undermines the traditional economy of full-time workers who rarely change positions and instead focus on a lifetime career.

Read more: Gig Economy Definition | Investopedia http://www.investopedia.com/terms/g/gig-economy.asp#ixzz4T7DZoSYs
Follow us: Investopedia on Facebook