False
Explanation:
1. In a globalized economy, not all workers are contingent workers. Contingent workers are individuals who work on a non-permanent basis, such as freelancers, independent contractors, or temporary workers.
2. While there is an increasing trend in the utilization of contingent workers in the global economy due to factors like flexibility and cost-effectiveness for businesses, there are still many workers who have traditional permanent employment contracts.
3. Employees with full-time permanent positions, benefits, and job security do exist in a globalized economy alongside contingent workers. These permanent workers have stable employment arrangements and are not considered contingent workers.
