From tengrain at Mock Paper Scissors:
I’ve been wondering about how it is that we are reportedly near full employment and yet no one seems to be making more money, no one is getting raises. It doesn’t make sense to me that employers are not increasing salaries hoping to retain employees. Everything about the economics of right now seems off script to me.
Further down the dictionary’s definition of gig is this one: a harpoon-like device used for catching fish or frogs. So I was thinking about the verb To Gig as I read the economy deep-dive email thingie from Axios, which is in many separate parts and altogether tells a story.
“More Americans are working than ever before, but a growing number of them aren’t 9-to-5 employees, nor skilled freelancers who negotiate their compensation, Dan and Kia write.
Instead they are your Uber driver, your DoorDash food deliverer or your Rover dog-walker.”
The remarkable unemployment numbers coming from our Vichy gubmint might be hiding that a large part could be to these gig employees…