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> I’m honestly fascinated that people think gig work, firing, layoffs and 30-year mortgages are recent phenomena. These things are not a recent phenomena but l
by nine_zeros 2y ago
> I’m honestly fascinated that people think gig work, firing, layoffs and 30-year mortgages are recent phenomena.
These things are not a recent phenomena but lack of union jobs is recentish - last 30 years.
It was unionization that gave any sense of stability, which made the 30 year mortgage, 401k and, healthcare-from-employer sustainable. Gig work and constant hiring/firing was only left for small employment. Not at large City-sized employers.
Now without unionization, the 30-year mortgage, 401k and healthcare from employer model is obsolete.