Sociologist: Job Insecurity Is the New Normal

Mr.Intel writes: Allison Pugh, professor of Sociology at University of Virginia, and author of The Tumbleweed Society: Working and Caring in an Age of Insecurity, says workers in the U.S. are caught up in a "one-way honor system," in which workers are beholden to employers. She says that the golden era when Americans could get a job, keep it, and expect to retire with an adequate pension are over. JP Morgan Chase has cut 20,000 from its workforce in the past 5 years, last year HP cut 34,000 jobs, and many others have announced layoffs. In this interview Pugh talks about the social effects of this "insecurity culture."

Comments

Re:And it all comes down to greed

[NostalgiaForInfinity]

I provided a reference with real figures.

And I explained at length to you why you are misinterpreting those result.

You provided a poorly crafted insult.

You aren't even worth a well crafted insult.

Re:Insecurity culture....

[kriston]

Another predictable answer from a holier-than-thou, American-bashing Slashdot reader. Seriously, retirement plans really aren't that hard to understand.