Economics Entrepreneurship

You now live in the post-employment economy, where corporations have decided not to pay people. Profits are high, but employees suffer.

Stay ahead of the curve... Get top posts first!

Thank you for subscribing!

Get updates on Facebook

The playing field has changed. Either you have ownership in your company, or you are being exploited and robbed. With the aid of software and bots, one person can now do the job of many for a single salary. And with stock-market manipulation, even running a company into a ground leaves board members and other higher-ups well compensated.

Lawyers, analysts, teachers – even computer scientists, are all trained professionals who cannot find full-time jobs. “Since 2008, they have been tenuously employed – working one-year contracts, consulting on the side, hustling to survive. They spent thousands on undergraduate and graduate training to avoid that hustle. They eschewed dreams – journalism, art, entertainment – for safer bets, only to discover that the safest bet is that your job will be contingent and disposable.”

“Unemployed college graduates are told that their predicament is their own fault. They should have chosen a more “practical” major, like science or engineering, and stayed away from the fickle and loathsome humanities. The reality is that, in the “jobless recovery”, nearly every sector of the economy has been decimated. Companies have turned permanent jobs into contingency labour, and entry-level positions into unpaid internships.”

Changing your job will not change a broken economy.

##People are becoming devalued
##

>In the United States, nine percent of computer science majors are unemployed, and 14.7 percent of those who hold degrees in information systems have no job. Graduates with degrees in STEM – science, technology, engineering and medicine – are facing record joblessness, with unemployment at more than twice pre-recession levels. The job market for law degree holders continues to erode, with only 55 percent of 2011 law graduates in full-time jobs. Even in the military, that behemoth of the national budget, positions are being eliminated or becoming contingent due to the sequester.

It is not skills or majors that are being devalued. It is people.

[Source](http://www.aljazeera.com/indepth/opinion/2013/11/surviving-post-employment-economy-201311373243740811.html)

Want our best on Facebook?

Facebook comments

“You now live in the post-employment economy, where corporations have decided not to pay people. Profits are high, but employees suffer.”