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
NYC Merchants Lose $12B a Year as Remote Workers Embrace eCommerce
February 13, 2023

Remote workers reportedly cost New York City more than $12 billion annually. 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...

Gig Economy
EU Debates Digital Platform Rules for Gig Workers
January 24, 2023

The European Commission and the European Parliament are debating the future of digital platform work. 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,...

Gig Economy
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023

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
Jobber Says Embedded Finance Builds Cash Flow Confidence for Home Services Businesses
January 09, 2023

Home services management app and platform Jobber is enabling service providers with new digital capabilities. 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,...

Gig Economy
Surge in Remote Workers Brings Opportunity for Online Retail, Grocery
December 28, 2022

The growing remote workforce presents a unique opportunity for online businesses as they boost online grocery and retail sales. 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
Report: Recession Worries Lead Firms to Turn to Contract Employees
December 22, 2022

More and more American businesses are hiring temporary contract employees as recession fears increase. 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...

Gig Economy
Uber and NYC Taxi Commission Clash Over Rate Hikes
December 09, 2022

Uber and New York City’s taxi commission are clashing over the rates the firm must pay 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 to our daily...

Gig Economy
Uber Recovers, Instacart Slips in Latest Gig Economy App Ranking
December 01, 2022

Leading contract employment apps are wavering in PYMNTS’ latest Provider Ranking of Gig Economy Apps. 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,...

Gig Economy
Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps
November 23, 2022

Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...