Phase IFoundation
Background
Overview
Understanding the evolving nature of work, challenges to traditional labor laws, social security implications, and policy interventions required for a growing segment of the workforce.
The gig economy refers to a labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. Workers in this economy, often facilitated by digital platforms, typically perform tasks on demand, leading to flexibility but also raising concerns about job security, social protection, and fair wages.