The GIG economy and its implications for labor laws and worker protections

Jinyoung Hwang *

University of edinburgh MA Social Policy and Economics, United Kingdom.
 
Research Article
International Journal of Science and Research Archive, 2024, 13(01), 3405–3416.
Article DOI: 10.30574/ijsra.2024.13.1.1714
Publication history: 
Received on 09 September 2024; revised on 21 October 2024; accepted on 24 October 2024
 
Abstract: 
This research examines the significant ramifications of the gig economy on labor laws and the safeguarding of workers. This study explores the various complex aspects of the dynamic labor market, with the objective of offering a thorough examination of the obstacles and possibilities it offers. The primary aims of this study are to clarify the legislative framework pertaining to gig work, evaluate the effects of the gig economy on worker rights and social safeguards, and propose suggestions for modifying and reinforcing labor legislation to cater to the distinct requirements of gig workers. To ensure this, both qualitative and quantitative research were used in this study. Findings suggests that in the modern workplace, the gig economy has become a revolutionary force. Its expansion and effects on labor laws and worker safeguards have wide-ranging effects that necessitate thoughtful analysis and prompt response. The study's conclusions highlight the complex realities of gig workers, emphasizing the reasons people choose to work for themselves, the difficulties they encounter, and their frequently erratic access to benefits and legal safeguards. The experiences of gig workers are entwined with the evolving state of worker rights and labor laws, calling for a review of long-standing regulatory frameworks. Hence, it is to reevaluate worker categories, create flexible legal frameworks, and guarantee gig workers' access to benefits and legal safeguards. The authorities should, therefore, take practical measures to tackle these issues and expedite the establishment of a regulatory framework that accommodates the dynamic nature of the labor market.
 
Keywords: 
Gig Economy; Labor Laws; Gig Workers; Labor Regulations; Gig Work
 
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