U.S. unemployment rose in November despite job gains
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Re: U.S. unemployment rose in November despite job gains
#2Re: U.S. unemployment rose in November despite job gains
#3The article talks about how the Fed chair thinks we might be overestimating jobs and with the number of people I know who are currently struggling to find jobs I would believe that (not engineers, just people that had random jobs). Lots of people I know are out of work right now.
Re: U.S. unemployment rose in November despite job gains
#4The gig economy is hiding the real employment problem in most of the West.
How money Works "The Gig Economy is Full" https://www.youtube.com/watch?v=dqmJN5z6Rjc (10 Dec 25)
Re: U.S. unemployment rose in November despite job gains
#5The gig economy is hiding the real employment problem in most of the West. How money Works "The Gig Economy is Full" https://www.youtube.com/watch?v=dqmJN5z6Rjc (10 Dec 25)
That’s just one facet. It’s not just the gig economy is “full”, all economies are “full”.
There are not enough jobs for the employable people.
Re: U.S. unemployment rose in November despite job gains
#6The gig economy is hiding the real employment problem in most of the West. How money Works "The Gig Economy is Full" https://www.youtube.com/watch?v=dqmJN5z6Rjc (10 Dec 25)
That’s just one facet. It’s not just the gig economy is “full”, all economies are “full”. There are not enough jobs for the employable people.
I saw a statistic that roughly 10% of the US workforce is in some form of "customer-facing service" role and I just have to wonder how many of those jobs are nearly gone, or already gone. Even if it's a 5% reduction, or 3% over the next decade, that seems catastrophic without a completely new category of jobs to replace them.
I haven't talked to a cashier at a grocery store in years. It's all self-checkout. I stayed in a hotel recently and I didn't even talk to someone at the front desk. I just checked in at a kiosk and got my room card. There was no one else around.
I guess the people that used to do those jobs are all just driving Ubers and Doordash now?
Re: U.S. unemployment rose in November despite job gains
#7Earlier quoted context omitted.
That’s just one facet. It’s not just the gig economy is “full”, all economies are “full”. There are not enough jobs for the employable people.
I saw a statistic that roughly 10% of the US workforce is in some form of "customer-facing service" role and I just have to wonder how many of those jobs are nearly gone, or already gone. Even if it's a 5% reduction, or 3% over the next decade, that seems catastrophic without a completely new category of jobs to replace them. I haven't talked to a cashier at a grocery store in years. It's all self-checkout. I stayed…
Those who are still employed by my local grocery store don't seem too motivated to do their jobs. It's an unfortunate but foreseeable scenario that expedites the problem where people prefer self-checkout.
I wish we'd pump the brakes on efficiency and profit.
Re: U.S. unemployment rose in November despite job gains
#8The gig economy is hiding the real employment problem in most of the West. How money Works "The Gig Economy is Full" https://www.youtube.com/watch?v=dqmJN5z6Rjc (10 Dec 25)
>The gig economy is hiding the real employment problem in most of the West.
This. Jobs that were previously contract employment jobs that came with health insurance, workers rights and social security and were mostly taken by youth as part time jobs to fund studies, are now turned into gig jobs where you get none of those things and are mostly taken by migrants who live 10 in an apartment and send the money home.
Gig work used to mean that you have several customers you bounce around for doing part time gigs, not you work full time for the same tax dodging Amsterdam based food delivery company who doesn't want to hire local workers on employment contracts to evade labor laws and liabilities.
How does this benefit society? It only benefits the capital owning class. Why isn't the government regulating this gig industry abuse? It's literally what its job is.
Re: U.S. unemployment rose in November despite job gains
#9Earlier quoted context omitted.
That’s just one facet. It’s not just the gig economy is “full”, all economies are “full”. There are not enough jobs for the employable people.
I saw a statistic that roughly 10% of the US workforce is in some form of "customer-facing service" role and I just have to wonder how many of those jobs are nearly gone, or already gone. Even if it's a 5% reduction, or 3% over the next decade, that seems catastrophic without a completely new category of jobs to replace them. I haven't talked to a cashier at a grocery store in years. It's all self-checkout. I stayed…
Uber and DoorDash are full…
No, those people aren’t driving for Uber now. Let that sink in for a moment.
Less hospitality jobs, less customer-service jobs, less retail jobs, no mall jobs, no manufacturing jobs, gig economy is full, corporate jobs being replaced by AI, trains going autonomous, trucks going autonomous, this is end game capitalism. Those who own, own it all. Those who don’t, own nothing, will never own anything, will only rent/lease/borrow their lives.
Re: U.S. unemployment rose in November despite job gains
#10The gig economy is hiding the real employment problem in most of the West. How money Works "The Gig Economy is Full" https://www.youtube.com/watch?v=dqmJN5z6Rjc (10 Dec 25)
>The gig economy is hiding the real employment problem in most of the West. This. Jobs that were previously contract employment jobs that came with health insurance, workers rights and social security and were mostly taken by youth as part time jobs to fund studies, are now turned into gig jobs where you get none of those things and are mostly taken by migrants who live 10 in an apartment and send the money home. Gig…
The capital-owning class is society. Don't you have a 401(k)?