Labour Markets - What is the Gig Economy?

preview_player
Показать описание
Globalization, de-industrialisation, automation and digitization - all have had and continue to have a disruptive effect on traditional jobs and working practices in the UK. The Gig Economy is an important synoptic topic because it cuts across many areas of the A level course ranging from business objectives, costs and profitability, the labour market and aspects of macroeconomic performance such as unemployment, real living standards, economic-well-being and government finances. A recent CIPD report began by saying that “The gig economy has so far proved hard to define, hard to measure and hard to interpret.”

In the gig economy, companies hire contingent workers, provisional employees who work for the organization on a non-permanent basis.
According to John Gapper (writing in the Financial Times) the gig economy recasts employees as contractors, vendors and temporary workers

4% of UK working adults aged between 18 and 70 are working in the ‘gig economy’ according to a recent CIPD report - equivalent to around 1.1 million people
- - - - - - - - -
Рекомендации по теме
Комментарии
Автор

If you find this video helpful, don't forget to like it! and SUBSCRIBE TO the tutor2u Channel to be alerted as soon as we've uploaded new topic videos like this one.

tutoru-official
Автор

Welldone, you have explained the concept very well. Thank you so much.

zakvanheerden
Автор

Who is here after the AQA paper 1 2022! It was awful

am
welcome to shbcf.ru