Self-employment may mask US job growth
tinyurl.com
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My reply:
"Mask" may be the wrong word here.
Actually let me change the sentence to the way it should read:
Self-employment may mask US job LOSSES.
How many self employed people had a contract two years ago and no longer have any money coming in?
I bet there are literally tens of thousands of "self employed" computer consultants and the like, that can not file for unemployment benefits, but are still technically "self-employed".
Also, how many people just do not want to admit they have no job, and when benefits ran out, now claim they are "self employed".
Perhaps there are some new jobs here. Are there enough jobs to offset those that have not had a contract for over a year? Remember, none of these people show up in any statistics anywhere. Now, of those newly "self-employed" who recently hung out their shingle or whatever, how many of those have any real income coming in as a result of it? Perhpas some responded to newspaper ads for "stuffing envelopes" or the like. How many "self employed" are involved in out and out scams like that? Finally, how many "self-employed" are now making $5,000 when they were making $30,000? $60,000? $80,000? Of course $5,000 is better than nothing but......
Personally I think all this BS talk on "self employment" being a big boon is a crock of sh*t. In fact I believe it masks JOB LOSSES, not job growth.
M |
