The gig economy refers to a labor market characterized by the prevalence of short-term, temporary work arrangements and freelance or independent contract work rather than traditional full-time employment. In the gig economy, individuals often work on a project-by-project basis or as needed, and they are typically paid for each “gig” they complete. This can include various types of work, such as driving for rideshare services, freelancing in creative or technical fields, or performing tasks through online platforms like TaskRabbit or Upwork. The gig economy offers flexibility to workers but may lack job security and benefits associated with traditional employment.