Gig Economy

A gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. The term "gig" is a slang word meaning "a job for a specified period of time" and is typically used in referring to musicians. Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization.

(source: whatis.techtarget.com)

Gig Economy
WorkWhile CEO Bets AI Creates a Worker Shortage, Not a Job Shortage
September 23, 2026

The loudest arguments about artificial intelligence and labor have focused on how many jobs machines will take. WorkWhile CEO Simon Khalaf is planning around a different constraint: too few workers for the jobs employers need filled. Khalaf’s contrarian argument sees a labor shortage ahead, a...

Gig Economy
WorkWhile CEO Wants Earning Power to Become Finance’s Fourth Rail
August 24, 2026

Watch more: Monday Conversation With WorkWhile’s Simon Khalaf For a worker paid by the shift, $200 arriving tomorrow can outweigh an annual income figure that looks healthy on paper. That’s an authentic test of financial health and the one PYMNTS CEO Karen Webster put to...

Gig Economy
Fuel Costs Push Employers to Rethink Worker Benefits
July 03, 2026

Volatile gasoline prices are doing more than squeezing household budgets. Fuel costs are beginning to reshape the labor market by changing which jobs workers can afford to take and forcing employers and workforce platforms to rethink how they attract and retain hourly workers. The clearest...

Gig Economy
Gig Workers Want Real-Time Pay for Real-Time Work
April 06, 2026

Watch more: Gig Workers Want Real-Time Pay for Real-Time Costs The expansion of the gig economy has coincided with a fundamental change in how workers think about income, as wages are no longer treated as something that arrives on a schedule but as liquidity that...

Gig Economy
DoorDash Pays Delivery Drivers Extra to Beat High Gas Prices
March 23, 2026

DoorDash has launched a program to provide independent contractors who participate in its on-demand delivery service with assistance dealing with the rising price of gas. The program offers U.S. delivery drivers, or Dashers, 10% cash back on gas when they use the DoorDash Crimson Visa Debit Card, the...

Gig Economy
One-Third of Millennials Now Rely on Gig Payments and Tips as Primary Income
February 27, 2026

Nearly one-third of millennials depend on transactional payouts from gig work and tips as their main source of income, replacing traditional paychecks with a piecemeal approach to earning that demands instant access to money. This finding from the PYMNTS Intelligence report “Instant Payouts: The New...

Gig Economy
Pay Flexibility Rises as More Workers Earn Variable Income
February 04, 2026

As inflation, layoffs and uneven wage growth continue to strain household budgets, millions of Americans living paycheck to paycheck are relying on side hustles and gig income to stay afloat, even as those earnings introduce new volatility into already fragile finances. The paycheck-to-paycheck economy remains...

Gig Economy
Gen Z Redefines Work as Flexible Pay Gains Ground
November 25, 2025

With inflation and changing government policies prompting widespread uncertainty, 6 in 10 American workers are facing pocketbook challenges while lacking the steadiness and predictability of a salaried job.   The latest installment of PYMNTS Intelligence’s “New Reality Check: The Paycheck-to-Paycheck Report” series, breaks down how...

Gig Economy
Upwork Says AI Projects Drive Growth in Otherwise Sluggish Labor Market
November 03, 2025

The labor market remained sluggish in the third quarter, but demand for freelance talent in areas related to artificial intelligence (AI) helped drive 2% year-over-year growth in gross services volume (GSV) at work marketplace Upwork. “In terms of the macro, I’d say things have been...