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Gig Economy for UPSC MAINS 2025-26 | Gig Economy Pros And Cons Explained | By Gaurav Sir

Gig Economy for UPSC MAINS 2025-26 | Gig Economy Pros And Cons Explained | By Gaurav Sir #UPSC #gigeconomy #upscmains #lia ============================ The gig economy refers to a labor market characterized by short-term contracts or freelance work rather than permanent jobs. It’s driven by technology, allowing people to find work through platforms like Uber, Airbnb, Upwork, and many others. Key Features: *Flexibility:* Workers can choose when and where to work. *Variety of Work:* Opportunities span many fields, from driving and delivery to graphic design and writing. *Income Variability:* Earnings can be unpredictable, depending on demand and the number of gigs available. Pros: *Autonomy:* Workers can be their own bosses. *Diverse Opportunities:* Easier access to a variety of jobs. Cons: *Lack of Benefits:* Many gig workers do not receive health insurance, retirement benefits, or paid leave. *Income Instability:* Earnings can fluctuate widely, making budgeting difficult. Trends: Increasing reliance on gig work in many sectors. Growing calls for better protections and benefits for gig workers. Are you interested in a specific aspect of the gig economy?