The gig economy, also known as the"contract economy" or"gig employment", refers to a labor market structure in which short-term, project-based or flexible employment relationships predominate.
In the gig economy, people often work as independent contractors or freelancers, completing individual assignments or "gigs" for various clients, often arranged via digital platforms or apps .
The gig economy is characterized by platforms and apps that allow individuals to market their skills and services directly to consumers or businesses.
Examples include online freelance platforms such as Upwork and Fiverr, as well as many other services in the areas of delivery, housework, design, consulting and more.