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Thanks to the magic of the Gig Economy, those people can still deliver pizzas, but with the added bonus of making much less money and having no benefits!
by infotainment 3y ago
Thanks to the magic of the Gig Economy, those people can still deliver pizzas, but with the added bonus of making much less money and having no benefits!
- toomuchtodo 3y agoWith a tight labor market, those folks are going to find other jobs very quickly. They’ll also collect unemployment in the interim. US unemployment rate is around 3.7%, California around 4.9% (Nov 2023). https://edd.ca.gov/en/about_edd/news_releases_and_announcements/unemployment-august-2023/ https://edd.ca.gov/en/about_edd/news_releases_and_announceme...
- mynameisnoone 3y agoThere is a great deal of pain and suffering that you dismiss with faulty assumptions. Things at the bottom are worse than ever due to the K-shaped pandemic "recovery" and extreme inflation in inelastic necessities like food and housing.
- toomuchtodo 3y agoFood inflation is down. Housing has been dysfunctional for some time, although rents should decline in the near term. While emotionally turbulent for these workers, they’re getting churned in a favorable labor market. Not unsympathetic by any means, simply pragmatic. https://www.cnbc.com/2023/09/08/apartment-rents-on-verge-of-declining-due-to-massive-supply.html https://www.cnbc.com/2023/09/08/apartment-rents-on-verge-of-... https://news.ycombinator.com/item?id=38502068 https://news.ycombinator.com/item?id=38502068