3 FAQS About The Gig Economy

3 FAQS About The Gig Economy In the aftermath of the 2008 financial crisis, many people were either unemployed or underemployed. As a result, the demand for temporary work grew exponentially as individuals were looking for ways to replace or supplement their income.

Before we understand what gigs truly are, let’s take a step back into history. The word ‘gig’ originated in the music industry. In the earlier times, when a musician or an entertainer performed an act, it’s often called a gig. A concert, musical, show are all examples of gigs. However, over the years the word gig transformed into temporary and part-time jobs and came to be called gigs. Today gigs refer to all short time, temporary jobs across different industries.