Newsweek's article A New American Job does a great job explaining this trend with some interesting statistics and anecdotes but, in my humble opinion, misses the boat on potential "winners" of this trend. They claim that job-auction websites may benefit from this trend, which is certainly true. But what about families?
Let's take a typical family example. Say Dad loses his corporate job and is forced to make ends meet by jumping on the "gigonomic" bandwagon, piecing together project-based jobs and some part-time work. While some may see this as a "bad" thing...lack of corporate benefits, security, 401K plan, I see opportunity. Opportunity to get out there and nurture new skills while honing existing ones; meet new people, which inevitably expands the professional network; try new things; challenge oneself; and spend more time with family.
And what about all those stay-at-home, college-educated moms who would LOVE to do some work on a part-time basis as long as they can be home when the kids get home? Bingo. Gigonomics. What if Mom could help pay family bills as well? Hmmm...it's beginning to sound like "balance"...now that's a novel idea!
I personally see this as a good thing. The days of corporate job security may be behind us, but this trend is forcing more corporations to consider outsourcing to competent, talented individuals. Gigonomics will reward corporations who are flexible and able to projectize work and create lasting relationships with gifted contractors.
Yes, there will be personal challenges: how to keep project work flowing, increased costs associated with independent health coverage, "feast or famine" cycles. But inevitably as more professionals enter into this gigonomic trend, more resources and tools will appear to make that transition easier.