Precarity

Pronunciation: /ˈpiˈɹɛkˈɑɹiˈtaɪ/

Precarity (noun)

  1. A situation where a person’s life or work is not secure and can change suddenly for the worse.
  2. The condition of being at risk of poverty, harm, or job loss because support is weak or temporary.
  3. A general lack of stability in systems that protect people, making their future uncertain.

Examples

  • Precarity makes it hard to plan a stable future.
  • They face precarity when their income changes every month.