Gig Economy

The gig economy is a labor market characterized by short-term contracts or freelance work as opposed to permanent jobs. It involves companies or platforms connecting workers with on-demand tasks or services.

Why it’s in the news: It is in the news due to its rapid growth in countries like China and India, which is raising concerns about job market instability and legal challenges to worker classification.

Latest on Gig Economy

• China’s gig economy
• China's booming gig economy masks job market pain, strains welfare system
• The Legal Battle That Could Reshape India’s Gig Economy
• This startup is betting India’s gig economy can train the world’s robots
• Young Chinese hire ‘life stand-ins’ to cook and care for elderly parents amid booming trend

Connections

2 entities linked to Gig Economy across the news graph.