Navigating the Gig Labyrinth: Exploring the Implications of the Gig Economy for Labor Markets and Policy

Journal of Philosophical Criticism 6 (1):96-105 (2023)
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Abstract

_The traditional landscape of employment, once structured around full-time positions with defined benefits, is experiencing a seismic shift. The gig economy, a burgeoning ecosystem of flexible, on-demand work arrangements, has emerged as a powerful force, reshaping labor markets and blurring the lines between employee and independent contractor. This article delves into the intricate labyrinth of the gig economy, analyzing its multifaceted impacts on workers, businesses, and policymakers. By navigating this labyrinth of potential benefits, challenges, and ethical considerations, we can illuminate the pathways towards harnessing the gig economy's potential while mitigating its risks and ensuring fair and equitable outcomes for all participants._.

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