Attention Economy


Wednesday, March 6, 2019

How Strong is the Current US Job Market?

Two perspectives:
From $22 an hour to $11: GM job cuts in Ohio show a hot economy is still leaving parts of America behind

Inside the Hottest Job Market in Half a Century

--
Long-Term Structural Perspective - The Gig Economy or is it The Servant Economy?
ALEXIS C. MADRIGAL
“… the trend was most easily summed up by the way so many starry-eyed founders pitched their company: Uber for X.
This micro-generation of Silicon Valley start-ups did two basic things: It put together a labor pool to deliver food or clean toilets or assemble IKEA bookshelves, and it found people who needed those things done. Academics called this a “two-sided market,” but to a user, it meant tapping on a phone and watching the world rearrange itself to satisfy your desires. Convenience drove consumer demand. Economic need and work flexibility drove the labor supply. At least in theory.”