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
How Gig Work In The US Became A Career
April 05, 2019

With U.S. gig workers accounting for more than $1.4 trillion in income by the end of 2018, it’s safe to say the gig economy is becoming a mainstream part of the global economy. Get the Full Story Complete the form to unlock this article and...

Gig Economy
Fiverr CEO On ClearVoice Acquisition, Focusing On Gig Talent
February 13, 2019

As the gig economy grows and becomes more diverse (with more skilled workers entering the marketplace), opportunities abound for platform providers that can meet the personalized needs of gig workers and businesses. Fiverr CEO Micha Kaufman talks with Karen Webster on the eve of the...

Gig Economy
Instacart Overhauls Worker Pay Post-Scrutiny
February 07, 2019

Instacart has announced changes to the way it pays its workers as it faces a class-action lawsuit over how it handles tips earned by its shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Gig Economy
Instacart Faces Lawsuit Over Shoppers’ Tips
February 06, 2019

Instacart, the delivery on demand service, is facing a class-action lawsuit over how it handles tips earned by drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Gig Economy
Amid Job Numbers Blowout, Gig Economy Thrives
February 04, 2019

On Friday (Feb. 1), the government reported job numbers that blew away expectations. Data from the BLS and ADP, triangulated against the PYMNTS/Hyperwallet Gig Economy Index, showed that as full-time jobs are gaining ground, so is the gig economy, and across several of the same...

Gig Economy
Furloughed Government Workers Moonlight With Uber
January 23, 2019

With the partial shutdown in the Federal government now in its 33rd day, furloughed workers are freelancing with Uber, the ride-hailing company, to shore up cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Gig Economy
NEW DATA: Digital Marketplaces And The $1.4T Gig Payments Opportunity
January 09, 2019

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Gig Economy
Waze, Wonolo Pair On The Gig Economy Commute
December 14, 2018

On-demand staffing platform Wonolo has announced a partnership with Waze Carpool to provide carpooling services for Wonolo’s community of more than 300,000 local gig workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Gig Economy
Can The Gig Economy Stress-Bust The Holidays?
December 08, 2018

While the holiday season is officially known as the most wonderful time of the year, for the majority of American consumers, it is also the most stressful. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...