What is a gig economy? According to Investopedia, gig economies arise when companies, rather than hiring full-time employees, engage independent contractors and freelancers. Since a large number of workers want to participate in a gig economy for any number of reasons, the results are cheaper and more efficient services.
How much do you know about a gig economy? We found ten facts about today’s gig economy and the motivation behind workers wanting more flexible employment opportunities.