contingent labor theory

Contingent labor theory suggests that many workers are employed in temporary, part-time, or contract roles rather than permanent positions. These workers provide flexibility for employers to adjust their workforce based on demand, economic conditions, or project needs. This creates a labor market where job security and benefits are less guaranteed, emphasizing adaptability over permanence. The theory highlights how contingent work shapes employment trends, impacts worker stability, and influences overall economic dynamics, reflecting a shift from traditional full-time employment to more flexible, yet often less secure, work arrangements.