290. What is the Gig Economy? (English Vocabulary Lesson)

Thinking in English

Gig work, freelancers, independent contractors, and the gig economy. These are terms that are becoming increasingly relevant to the way we work in the 21st century.

Today, I want to take a deeper look at the gig economy. We’ll define some key vocabulary, look at the history and development of the gig economy, discuss some criticisms and think about the future of work!

Transcript - https://thinkinginenglish.blog/2024/04/01/290-what-is-the-gig-economy-english-vocabulary-lesson/

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• Gig (Noun): A temporary job or task.
• Freelancer (Noun): An individual who works independently, providing services to multiple clients rather than being employed by a single company.
• Employment (Noun): The state of being employed, where the employee provides services in exchange for compensation.
• Benefits (Noun): Additional perks or advantages provided to employees beyond their regular salary, such as health insurance, retirement plans, or paid time off.
• Client (Noun): A person or organization that engages the services of another individual or company to perform a specific task or project.
• Contractor (Noun): A person hired to perform specific services under the terms of a contract, often operating independently or as part of a contracting firm.
• Flexibility (Noun): The ability to adapt or change easily according to varying circumstances or needs.

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