The Gig Economy Keeps Growing, But Worker Benefits Aren't (technologyreview.com)
An anonymous reader quotes a report from MIT Technology Review: According to a new report out from Brookings, the number of non-employer firms -- primarily incorporated freelancers and gig-economy workers -- has grown 2.6 percent every year since 1997. By contrast, payroll employment has grown by only 0.8 percent annually in that time. That means a growing number of people lack employer-sponsored benefits like paid leave, health care, and retirement assistance. The Aspen Institute has proposed a system of portable benefits that are not tied to one job. Companies would make contributions to a worker's benefits on the basis of how much the employee works for them. To date, the U.S. government has not been helpful. House and Senate bills supporting gig-worker benefits have died in committee. But state and local governments are taking action. Washington, California, New York, and New Jersey are exploring avenues to provide benefits to their gig workers.
12000 PER year in insurance.
Yeah. In 1999 12k per year would have bought me a full coverage plan with 0 co pay for my whole family and then some etc etc etc.
This year that buys me basically catastrophic coverage for 2 people.
We dumped HUGE sums of cash into the system and all of the pencil pushers raised the prices accordingly.
hoist yourself up by your own petards
You know this phrase means killing yourself, right? Seems less than helpful advice.
It’s not “single payer”. It’s 48% of taxpayers paying for everyone. At least call it what it is.
Though people are making less and have fewer benefits, the economy isn't losing money -- it's getting sucked to the top.