precarity

Back-formation from precarious +‎ -ity

precarity (countable and uncountable, plural precarities)

1. (sociology) a condition of existence without predictability or security, affecting material or psychological welfare.
   • 2014, Roland Paulsen, Empty Labor: Idleness and Workplace Resistance, →ISBN, page 82:

     A phenomenon that catches a general tendency towards obscurity is what Standing calls "uptitling" - to give a job a high-sounding epithet to conceal its precarity and, I would say, its substance.

• precariat