unemployment – Christopher Wink

Why 10 percent unemployment and worse is our future, unless we rethink our economy

unemployment-life — People waiting in line for unemployment relief in Chicago in October 1960. Photo by Myron Davis for LIFE Magazine

Updated with more perspective on the job-crashing Internet here and more from Vox Media here. Also, though some think there is a mighty economic transition happening, many readers and friends have pointed that I didn’t properly address the ‘lump labor fallacy‘ here, in which I incorrectly assume there is a static number of jobs that are going away. I still think there is perspective worth sharing below. More comments welcome.

In the next 20 years, the United States and the broader global economy will either dramatically rethink its employment structure or a history-altering societal change will take place.

Of course, unemployment numbers are gamed by those who give up on looking for jobs, but the idea here is that it’s hard to understand why anyone seems to think that the overall unemployment numbers for our country will trend anywhere but upward.

Let me be clear, this is armchair commentary from someone with absolutely no background in economics or geopolitical, socioeconomic trends, so I am writing this hoping for outside insight because I can’t figure this out.

Below, I (a) outline the problem as I see it, (b) look at big economic drivers that seem to be chances for more problems, (c) list all the opportunities I understand that could reverse somewhat this trend and then (d) highlight some of the transformational changes that could lie in wait for the next generation, before offering some more reading and then waiting to get yelled at in the comments.

Continue reading Why 10 percent unemployment and worse is our future, unless we rethink our economy

Will jobs ever come back?: maybe there is an answer to the employment bomb

Is our recession another blip in centuries of economic rises and falls or is something darker happening?

Part of me agrees with the recent post from media critic Jeff Jarvis, who voiced a concern I’ve been working through myself: efficiency-creating technology has continued to speed and, well, there are a lot of old people coming.

There is a real conversation happening that a new normal rate of unemployment should be expected, though there is counter to that — we’re just too close to the economic collapse to have any sense of what is normal.

But here’s one additional thought I keep gnawing over.

Continue reading Will jobs ever come back?: maybe there is an answer to the employment bomb

Payment for writers and journalists will continue to fall, positions reduced

I came across this dated quote from Clay Shirky:

“So forget about blogs and bloggers and blogging and focus on this – the cost and difficulty of publishing absolutely anything, by anyone, into a global medium, just got a whole lot lower. And the effects of that increased pool of potential producers is going to be vast.”

While I write here for free and have given a great deal of sweat equity to startups Technically Philly and NEast Philly without much monetary return yet, I’ve taken a fairly firm stand that I won’t write for free and don’t think other freelancers should, which happens to be my biggest beef with the Huffington Post.

But Shirky’s assessment (which came in 2004, I should add) and other conversation about the cost of writing brings up a topic that continues to weigh on my mind.

Continue reading Payment for writers and journalists will continue to fall, positions reduced

How some established journalists see the rest of us

The 21st century graduates of The Temple News: — The 21st century graduates of The Temple News at the 88th anniversary alumni reception: (Back from left) Andrew Thompson, '09; Chris Reber, '08; ; Alex Irwin, '08; Brandon Lausch, '06; Lucas Murray, '05; Christopher Wink, '08; Mike Korostelev, '09 (Second from back row) Sulaiman Abdur-Rahman, '07; Chris Stover, '09; Morgan Zalot, '11; Dave Isaac, '09; Anthony Stipa, '09; Kevin Brosky '10; Kriston Bethel, '10; Tracy Galloway, '10; Unclear (Third from back row) Brian White, '04; Holly Otterbein, '09; Leigh Zaleski, '08; LeAnne Matlach, '09; Jen Reardon, '10; Sherri Hospedales, '10; Stephen Zook, '10; Chelsea Calhoun, '10; Maria Zankey, '10; Brian Dzenis, '12; Shannon McDonald, '09; Sean Blanda, '08; Rachel Playe, '08; Brian James Kirk, '08 (Front Row) Brianna Barry, '08; Melissa Dipento, '08; Ashley Nguyen, '12; Malaika Carpenter, '08; Charmie Snetter, '07; Nadia Stadnycki,'06

You just aren’t doing everything you can.

It’s the seemingly unintentional, passive-aggressive jab that I sometimes get from older or otherwise more established journalists, writers and editors. Most often and in many ways, I’m sure the sentiment is pristine in its accuracy, often abutted by the never-to-be-defended-against “it takes time,” which, of course is always true.

But I can’t help but think what’s happened since, say, 2007 or even later, is something bigger that is changing the value of a lot of once rock solid professional advice for young and otherwise aspiring journalists, and making it awfully hard out there.

Continue reading How some established journalists see the rest of us

Five reasons I should be professionally scared, but am (usually) not

Americans aged 24 or younger could be part of a “lost generation,” says a new cover story from Business Week.

For people just starting their careers, the damage may be deep and long-lasting, potentially creating a kind of “lost generation.” Studies suggest that an extended period of youthful joblessness can significantly depress lifetime income as people get stuck in jobs that are beneath their capabilities, or come to be seen by employers as damaged goods.

It’s the latest stylish trend piece at a time when general stories on an economy that might not return for two or three years are already old hat. A lot of the numbers are fuzzy and the effect may be questionable, but there’s no questioning that it’s daunting for many 20-somethings.

We graduated and walked into perhaps the worst economy since before our grandparents were our age. A few more distinctions this author has taken on has made those statistics seem even more frightening, but outside of the occasional sobbing, I try to remind myself that there’s no better time or place in the world than where I am now.

Continue reading Five reasons I should be professionally scared, but am (usually) not

Why losing a job can hurt men more (Philadelphia Inquirer 2/4/09)

By Christopher Wink | Feb. 4, 2009 | Philadelphia Inquirer

Thomas Schuler is a man.

Since October, he also has been without a job, a combination of characteristics that some say comes with distinct disadvantages.

That’s because unemployment affects men differently than women – research shows joblessness often is emotionally harder for men to bear. And with the economy hemorrhaging high numbers of jobs, disproportionately in male-dominated industries, those disparate emotions – shame, anger, fear, vulnerability – are on display more than ever. These feelings often find their way into other parts of a man’s life, affecting relationships with friends, wife and children.

“Historically, men have been in the breadwinner role in families, and so their sense of self is wrapped up in their ability to provide,” said Jerry Jacobs, a University of Pennsylvania sociology professor whose research focuses on labor. “So even today, when men are unemployed, that comes as a different kind of blow than to women.”

Schuler was proud when he landed his job as a facilities engineer at a struggling hotel in Plymouth Meeting. But when his position became a casualty of his company’s struggles, he suffered.

Continue reading Why losing a job can hurt men more (Philadelphia Inquirer 2/4/09)