Investment Times

The gig economy developed its name from each piece of work given to independent contractors in informal work, which is similar to an individual 'gig'. A gig economy is a free market system in which temporary positions are common and organizations hire independent workers for short-term commitments. The term "gig" is a slang word for a job that lasts for a specified period. Research has it that, traditionally the term was used by musicians to define a performance engagement. Just like in the years gone by, the gig economy is predicted to be exciting but chaotic in 2024 and beyond to some extent.  To...