Gig economy refers to a general workforce environment in which instant collaboration, temporary contracts, and independent contracting is commonplace. It’s also referred to as the “freelancer economy,” “agile workforce,” “sharing economy,” or “independent workforce.”  A gig economy undermines the traditional economy of full-time workers who rarely change positions and instead focus on a lifetime career.

Today, gig economy is mainly represented by whichever job is not considered “traditional”, spanning around 150 apps and sites where people can find jobs and earn money, because there is a demand for their products or services. Some of these are: Uber, YouTube, Upwork, Airbnb, Twitch, Udemy, TaskRabbit, GrubHub etc.