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What is giganomics?

A. On-call workers being called in at the last minute for a job
B. The creation of employment through the piecing together of several projects or gigs
C. Temporary workers working on one project
D. Recruiting for gigs only

User Sookie
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1 Answer

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Final answer:

B. The creation of employment through the piecing together of several projects or gigs

Giganomics, though not a commonly used term, likely refers to the functioning of the gig economy, where individuals engage in multiple short-term contracts or freelance work instead of traditional, long-term employment.

Step-by-step explanation:

The term giganomics is not a standard term in business or economics, but based on the context provided and the evolving nature of work, it seems to relate to the emergence and functioning of the gig economy.

The gig economy refers to the economic segment that operates on short-term contracts or freelance work as opposed to permanent jobs.

Under giganomics, individuals might engage in entrepreneurship, take up various side hustles, and piece together income from multiple projects or gigs rather than relying on traditional, long-term employment with a single employer.

This reflects a shift from the historical norm of long-term career paths within one company towards a more nimble and diversified approach to employment, often empowered by digital platforms and networking sites like LinkedIn which make job-matching more efficient.

User Cmp
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