Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

The result of Obamanomics...

HoustonHusky
HoustonHusky Member Posts: 6,023
According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

“We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

«134

Comments

  • 2001400ex
    2001400ex Member Posts: 29,457

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
  • Blackie
    Blackie Member Posts: 499
    edited December 2016

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
  • greenblood
    greenblood Member Posts: 14,573
    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    2001400ex said:

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
    Ironic.
  • LoneStarDawg
    LoneStarDawg Member, Swaye's Wigwam Posts: 13,782 Founders Club
    "Freelancer" is millennial talk for part time barista and/or wanna be photog
  • greenblood
    greenblood Member Posts: 14,573
    edited December 2016
    2001400ex said:

    Blackie said:

    2001400ex said:

    According to Harvard and Princeton Economists Lawrence Katz and Alan Krueger (Krueger being Obama's chairman of the Council of Economic Advisors until 2013...)

    “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other words, nearly all of the 10 million jobs created between 2005 and 2015 were not traditional nine-to-five employment.

    i.e. the US has created a bunch of bartender/waiter jobs and not much else, and even his own advisors seem "surprised" by that.

    http://www.zerohedge.com/news/2016-12-23/top-white-house-economist-admits-94-all-new-jobs-under-obama-were-part-time

    I chuckle when "free market" conservatives complain about an increase in contractors and sole proprietors. Then complain about a not enough increase in "9-5" jobs. Cause clearly only 9-5 W2 jobs are respectable jobs now.
    We should all aspire to working 2 waiting jobs to stay afloat...

    HondoFS...
    You're not even addressing honda's point. A point which is surprisingly legit. Contract work is very appealing to some, especially highly motivated, high achievers.

    Your analysis of the quote you cited missed the mark considerably.
    Most of these contract jobs aren't legit jobs. Most are multi-level sales jobs, which over half lose money on, and only about 10% make an honest livable wage.
    OK! That comment is so far lost on reality.
    You're right...it's more like 5%

    Let's also not forget the "professional" bloggers. They need love too.