The Gig Economy – Welcome To The World Of Microentrepreneurs

Here’s a question for you – what is the “gig” economy? There seems to be no standard definition, but it’s a shorthand reference to the growing numbers of Americans who no longer hold a regular “job” with a long-term connection to a particular organization. The phrase appears to be borrowed from the music industry. In this new economic model, people work “gigs” – a particular task or a role for a defined period of time.

From my perspective, every employee is a “microentrepreneur" in the “gig economy.” I suppose if the Supreme Court has ruled that corporations are “people . . .

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