Pronunciation: /ðə ɡɪɡ ˈiːkəˌnɑːmi/
noun a system in which temporary positions are common and organizations contract with independent workers for short-term engagements
A1 The gig economy is a way for people to earn money by doing small jobs or tasks.
A2 In the gig economy, workers often have flexibility in choosing when and where they work.
B1 Many people turn to the gig economy to supplement their income from traditional jobs.
B2 The gig economy has transformed the way many industries operate, providing opportunities for freelancers and independent contractors.
C1 As the gig economy continues to grow, policymakers are debating how to regulate it to protect workers' rights.
C2 Some argue that the gig economy has created a precarious work environment with little job security and benefits for workers.
formal The gig economy refers to a labor market characterized by short-term contracts or freelance work as opposed to permanent jobs.
informal In the gig economy, people can work gigs whenever they want without committing to a full-time job.
slang Some people hustle in the gig economy to make extra cash on the side.
figurative Navigating the gig economy is like being a modern-day freelancer with various opportunities at your fingertips.
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