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Strategies & Market Trends : Currents of Currency

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From: Ahda	2/3/2016 12:34:22 PM
	of 594

-- New York Times, " Uber drivers and others in the gig economy take a stand," by Noam Scheiber: "In the rapid growth of the online gig economy, many workers have felt squeezed and at times dehumanized by a business structure that promises independence but often leaves them at the mercy of increasingly powerful companies. Some are beginning to band together in search of leverage and to secure what they see as fairer treatment from the platforms that make the work possible. ... Perhaps the most prominent effort was a measure to give ride-hailing drivers the right to unionize in Seattle, which was approved by the City Council in December. But while many campaigns by alienated workers have shunned this more traditional labor-organizing approach, they have highlighted a basis for advancing the interests of gig economy workers collectively. The efforts extend well beyond drivers for Uber and its prime competitor, Lyft. A group of couriers who find work on the platform Postmates is waging a campaign to create an 'I’m done after this delivery' button. ... The National Domestic Workers Alliance, which organizes nannies and housekeepers, recently produced what it calls the Good Work Code, which it has urged gig economy companies to adopt." Our economy is totally two tier lower income struggles to increase income and lower income has increased in numbers so competition is higher in that area. Upper income has decreased somewhat as students in U spend a far greater time to gain knowledge prior to applying it on the job. Unions can help people band together with the clear statement we need more money not less but the need more creates inflation. There is a fine line in here somewhere as the service industry is not expanding but wages are. Utility prices have gone up where I am located and truly nothing ever goes down but the value of currency ---what it could buy then to what it buys now on a per dollar base. Take that back Oil has gone down The entire world attempts to stop recessions by means of creating more currency. USA I think participation rate is roughly around 57% recently. The entire world is in a similar situation currency must increase to offset possible inflation but the increase / ease of currency decreases it's value .Lots to ponder in here as population in many areas is not increasing and currency because it is light weight flies to the top.

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