Definition of precariat in US English:

precariat

noun

the precariat
British
  • treated as singular or plural People whose employment and income are insecure, especially when considered as a class.

    ‘most of those in the precariat are just trying to create a meaningful life for themselves’
    ‘the diminishing prospects of the modern precariat’
    as modifier ‘a disenfranchised generation of precariat youth’

Origin

1990s: blend of precarious and proletariat.

Pronunciation

precariat

/prəˈkerēət//prəˈkɛriət/