3 ms·
This leads back to the McJob [0] problem. McJobs lead to underemployment, the oft ignored cousin of unemployment. While the McJobs are often advertised by emplo
by giantrobot 5y ago
This leads back to the McJob [0] problem. McJobs lead to underemployment, the oft ignored cousin of unemployment. While the McJobs are often advertised by employers as extra money for e.g. high school students, for a lot of people they're primary jobs. For that cohort they want a better job but can't find them so take what they can get with the McJob.
What we've seen in the past two decades with the four recessions we've experienced is companies cutting the "good" jobs and never bringing them back. In the overall job market they're replaced with McJobs, so the U3 rate goes down while the U6 goes up or remains steady and everyone rejoices because what the hell is the U6?
McJobs also tend to have pretty high costs to the employees that aren't always obvious or even recognized. Split shifts and variable schedules (and demands for complete availability) make scheduling anything difficult or impossible. Getting child care is expensive. No medical benefits mean anyone not eligible for coverage under their parents' plans (provided they have insurance) mean ridiculous expenses for medical care. Wear and tear of vehicles for commuting to the split shifts or driving self-owned vehicles as a gig is expensive.
Not all jobs need to be careers but we have an environment where most people working a non-career job are just wage slaves.
[0] https://en.m.wikipedia.org/wiki/McJob https://en.m.wikipedia.org/wiki/McJob