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
PettyGigs Partners with Atomic to Give Teens Flex Jobs, Savings
August 23, 2022

Gig economy tool for young adults and teens PettyGigs is partnering with white-labeled wealth management and brokerage firm Atomic to launch a single solution for earnings, savings and investing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Gig Economy
Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms
July 29, 2022

It’s been over a decade since Uber first launched its ride-hailing app in San Francisco, and in the years since, the notion of the gig economy has come to define a platform-based freelance employment model that takes Uber as its archetype. Get the Full Story...

Gig Economy
Airbnb Launches Historical Homes Category in Europe
July 07, 2022

Airbnb is debuting a new feature, called Historical Homes, to capitalize on the demand for heritage-related travel and make it easier for guests to find older places to stay, the company announced Thursday (July 7). Get the Full Story Complete the form to unlock this...

Gig Economy
Grubhub Offers Drivers Instant Wages After Partnering With PayPal, Visa
June 14, 2022

Food delivery platform Grubhub is giving drivers instant access to their wages following a partnership with PayPal and Visa, according to a press release emailed to PYMNTS on Tuesday (June 14).  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Gig Economy
Amazon to End Flex Delivery Service in Germany
June 07, 2022

Amazon is ending its Flex gig economy delivery services in Germany, though the eCommerce giant has not given any reason for the closure, Bloomberg reported Tuesday (June 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Gig Economy
EU Lawmakers Meet With Airbnb on Hosting Rules
June 06, 2022

Airbnb co-founder and Chief Strategy Officer Nathan Blecharczyk recently hosted members of the European Parliament to talk about updating European Union rules to help address hosting issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Gig Economy
Companies Offer Gig Economy Drivers Additional Revenue, Opportunities and Vehicles
April 18, 2022

Companies see opportunities to help gig economy drivers become even more digitized, offering them more apps, screens and electric cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Gig Economy
LatAm’s Gig Economy Is Growing, Studies Show, Along With Digital Payments
April 08, 2022

The gig or sharing economy has become an enticing employment opportunity for people in Latin America over the past two years, especially as new payment methods become available. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Gig Economy
Gig Economy Drivers Rent More Than 300,000 Vehicles
April 05, 2022

Renting vehicles to gig economy drivers is a total addressable market that is currently estimated at between 300,000 and 500,000 vehicles, EVmo CEO Stephen Sanchez said Thursday (March 31) during the company’s quarterly earnings call.  Get the Full Story Complete the form to unlock this...