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
Uber Eats Shuts Down In Several Markets
May 04, 2020

In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. As a result, Uber is dropping its online food delivery business in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine and Uruguay. Get the...

Gig Economy
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
April 29, 2020

Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles falling demand and revenue during the coronavirus pandemic, according to several reports on Tuesday (April 28). Get the Full Story...

Gig Economy
The Gig Economy’s Pivot And Finding The Winners And Losers
April 23, 2020

In some ways, the rapid onset of the coronavirus pandemic in the U.S. and around the world has meant massive changes for the gig economy — both for the platforms that power it and the workers that staff it. Get the Full Story Complete the...

Gig Economy
The Gig Economy Gets Its Props
April 17, 2020

Before Uber and Lyft built handy smartphone apps for their own gig workforce, freelancers acquired most jobs via word-of-mouth referrals, had harrowing second lives as bill collectors often waiting months to be paid, and taking the occasional spec job on good faith only to be...

Gig Economy
Deep Dive: How COVID-19 Is Shining A Light On The Gig Economy’s Importance
April 16, 2020

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Gig Economy
Why The Freelancer Economy Is Preparing For Long-Term COVID-19 Impacts
April 15, 2020

Companies invest about 11 hours of time finding talent for every 40 hours of work they receive. This gap is rapidly becoming all the more intolerable as businesses struggle to recruit under the ongoing pandemic. In the latest Gig Economy Tracker, Marlon Litz-Rosenzweig, co-founder and...

Gig Economy
The Gig Economy Gets Ready To Scale
April 14, 2020

In the historical novel “Ivanhoe” (1819), Sir Walter Scott wrote of “free lances” to describe an army of professional soldiers for hire. The word “gig” as we know it entered the lexicon in the 20th century, thanks to musicians who moved from one performance (gig)...

Gig Economy
COVID-19’s Impact On The Gig Economy
April 14, 2020

Freelancers worldwide found themselves impacted by the new coronavirus as it shuttered businesses and stalled payments, with many gig workers now fulfilling critical roles to keep society moving as consumers retreat inside of their homes. Food delivery and Uber drivers, for example, are among those...

Gig Economy
Gig Workers Unemployment Benefits A Question Mark
April 02, 2020

Gig economy workers, despite being included in the federal stimulus for economic recovery from the coronavirus, now face uncertainty over how they’ll get any of the money from government agencies, according to a Reuters report. Get the Full Story Complete the form to unlock this...