The story
Blend of precarious + proletariat, emerging from the socio-economic theories of French sociologist Pierre Bourdieu and popularized by economist Guy Standing in his book The Precariat (2011).
Etymology from Wiktionary, CC BY-SA 4.0.
precariat
Today it means: People suffering from precarity, especially as a social class; people living a precarious existence, without security or predictability, especially job security. Full definition →