Question

what is gig economy? what is migrant economy? how are they similar and how do they differ?

Answer 1

Answer.

A labour market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs is basically known as Gig Economy.

An economic migrant is someone who emigrates from one region to another, including crossing international borders, seeking an improved standard of living, because the conditions or job opportunities in the migrant's own region are insufficient.

Globalisation, technological advances, and shifting norms and values are reshaping the way we work. One of the biggest trends in the past decade has been the rise of the “gig” or “platform” economy: casual, task-based employment accessed through websites and apps such as Uber and Task Rabbit. While only a small slice of broader flexible work arrangements (which include freelancing, zero-hour contracts, and on-call work), platform work is raising concerns about declining labour standards and rising inequality. For migrants and refugees in particular, gig jobs may be a double-edged sword: they offer a quick pathway to self-sufficiency, yet come with risks of unstable income, limited training, and social isolation—all of which could hinder the integration process.

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