tagged w/ Irregular workers
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It's the first day back at work in the New Year and the question on my mind is "Are things finally going to get better?" Well, unfortunately, a year's end is a pretty artificial time marker. And it seems the economy knows that.
According to speakers at the annual American Economic Association conference prospects for a big recovery anytime soon are bleak. "'It will be difficult to have a robust recovery while housing and commercial real estate are depressed,' said Martin Feldstein, a Harvard University professor and former head of the National Bureau of Economic Research." Additionally, national unemployment is still at 10% (as of the end of November, albeit with a slight dip from the previous month).
But come on, it's the first Monday of the New Year. Let's not get all pessimistic yet! Wall Street (though I don't think it's a good economic indicator) jumped 1.5% today.
What other signs are you seeing out there? Optimistic or pessimistic? Give us your 2010 predictions and the small signals you're seeing where you live. Leave your comment over on Current News.
Recently on the Current News Blog:
- Get to know Yemen: The new hot front in the war on terror
- China executes British national, flexes its diplomatic muscle?
- Five years since the tsunami
- Holiday news video round-up: Iran protests, British skiing and drinking, mud races
- How do you help Sebikotane, Senegal - Global Citizen YearIt's the first day back at work in the New Year and the question on my mind is... more
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Yesterday we found out that there was going to be some leftover money from TARP and that Obama wanted to put it to job growth. He gave a speech today outlining some plans. Among the highlights? Assisting small businesses, putting more money to infrastructure and encouraging investments in clean energy. He also called on businesses to do their part for job creation as well, saying there was only so much government could do.He'll meet with lawmakers tomorrow to get some of these plans rolling.
Here's the President in his own words.
Recently on the Current News Blog:
- Photography in conflict: Jeff Antebi covers the Afghanistan election
- Iran students' day of protest
- Copenhagen backgrounder - A roundup of pre-conference reading
- Will TARP cuts mean a jobs program? - Real Recovery
- Obama loses fans in Turkey over AfghanistanYesterday we found out that there was going to be some leftover money from TARP and... more
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John Henion is a freelance video producer in the San Francisco Bay Area. He was laid off from a staff position in 2008 (full disclosure: at Current) and entered into the freelance world. He blogs about unemployment at Unemploymentality.com. We spoke yesterday for The Real Recovery.
[caption id="" align="alignleft" width="178" caption="John Henion and Dog"][/caption]
Life for a freelancer can be tough - especially at the beginning. John Henion moved out to California from Michigan where he'd already established himself with freelance work. In California he had none. He said the move made him "take a step back and do things I didn't want to do." For example, John was about 30 when he moved here, had already produced his own independent documentary, but found himself taking a production assistant role on "Wife Swap" just to be working. "I was beyond the point where I wanted to pick up trash on the set and being told to go get lunches," he said. "After that experience I realized I didn't need to lower the bar that much."
The goal as a freelancer is to have steady work. There are some great benefits - like being your own boss and scheduling your own time off - but there are somethings that are definitely not benefits - like not having benefits. John was lucky to have insurance through a domestic partnership with his girlfriend, but he said for many freelancers the decision about whether or not to get insurance is just whether or not you want to take your chances.
After being laid off, John said it took him about 6-8 months before he was getting steady work again. These days, he has about 5-6 return customers and pulls in a lot of one-off projects. He's been able to work himself back up to an income level comparable to having a full-time staff position. But that comes with a lot more work than just the actual time spent working. "The worst part is...I have to deal with chasing down money. Some people wait until the last minute to pay you or wait until you raise a stink. You know, they want to keep that money on their books as long as they can."
The most important thing John has found to remember freelancing is that no matter how much time he spends at an office, no matter how many new friends he makes in a workplace, being a freelancers puts him in a different position. "As a freelancer they can just stop calling. First time that happened I thought I did something wrong....When they stop calling it's not personal....They're not supposed to roll over and kiss you in the morning, just leave some money on the bedstand."
Michael Spafferty's Video Resume from Unemploymentality on Vimeo.
Are you a freelancer? Have a recession story to tell? Post it to The Real Recovery.
Recently on the Current News Blog:
- UK considers Pirate Finder General
- Why 14.6% of America can't afford enough food - Real Recovery
- The last Supreme Leader of Iran
- Problems facing California prisons: Cell phones
- US, China to work on clean energy - No bill this yearJohn Henion is a freelance video producer in the San Francisco Bay Area. He was laid... more
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Here's a math problem for you: The national unemployment rate hits its highest point since the 80s in October: 10.2 percent. According to a report released this week last year 14.6% of Americans couldn't afford to buy enough food. How does that add up?
Well outside of the various nitpicks that can be done to both of those numbers, one big culprit is "underemployment". We've been talking about underemployment a lot in The Real Recovery because I think it's a more accurate measure of how many Americans have been affected by the recession. If you "get discouraged" and stop looking for a job, you no longer count as "unemployed". Or, as we're talking about this week: if you go freelance part time.
The official measure of underemployment is called the U-6 and the Bureau of Labor Statistics describes it in breathtaking terms:
Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers
In October, when we saw that big 10.2% unemployment number, the U6 number was at 17.5% Nearly a fifth of the population!
You know what that does not include though? All the Americans who've taken pay cuts or reduced hours in the recession. (More digging through numbers to come).
Want to get involved with The Real Recovery? Here's two easy things you can do:
- Post your story to the group. How have you been affected? Are you underemployed? Have you taken a pay cut?
- Help me find some other numbers to look at. How many Americans have taken pay cuts?
Recently on the Current News Blog:
- The last Supreme Leader of Iran
- Problems facing California prisons: Cell phones
- US, China to work on clean energy - No bill this year
- Did airport slaughter scene get Modern Warfare 2 banned in Russia?
- America's Christmas present: JobsHere's a math problem for you: The national unemployment rate hits its highest... more
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Hey freelance workers, this week The Real Recovery is all about you. We want to hear from people who freelance successfully, people who have gone freelance after losing their job, and people who are barely scraping by with freelance work.
Did you know: If you're freelancing, even making far less money than you can survive on, you don't count as 'unemployed'? You fall under a different category called 'underemployment' - here's the applicable part of the definition from Wikipedia:
"Involuntary part-time" workers -- workers who could (and would like to) be working for a full work-week but can only find part-time work. By extension, the term is also used in regional planning to describe regions where economic activity rates are unusually low, due to a lack of job opportunities, training opportunities, or due to a lack of services such as childcare and public transportation.
The national unemployment rate is 10.2% as of October. That's according to the Bureau of Labor Statistics. The BLS doesn't seem to keep a national underemployment number, which is a lot harder to nail down. But we recently saw that in California underemployment was estimated to be about a fifth of the total population.
This is another topic we want to tackle. As we're trying to put together a picture of the Real Recovery, we want to try to get a handle on underemployment estimates. We'll be working on that for the next month or so. If you want to get involved in that effort, send me a message on Current.
And this week - if you freelance or ever have - tell us about your experience by posting your story on The Real Recovery.
Recently on the Current News Blog:
- Did Obama smuggle a little democracy into China?
- Anti-Chinese violence in Angola
- Water on the moon!
- Khalid Sheikh Mohammed to be tried in New York for 9/11
- Porn 2.0 - Christof Putzel's Vanguard documentaryHey freelance workers, this week The Real Recovery is all about you. We want to hear... more
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It's the first day back at work in the New Year and the question on my mind is "Are things finally going to get better?" Well, unfortunately, a year's end is a pretty artificial time marker. And it seems the economy knows that.
According to speakers at the annual American Economic Association conference prospects for a big recovery anytime soon are bleak. "'It will be difficult to have a robust recovery while housing and commercial real estate are depressed,' said Martin Feldstein, a Harvard University professor and former head of the National Bureau of Economic Research." Additionally, national unemployment is still at 10% (as of the end of November, albeit with a slight dip from the previous month).
But come on, it's the first Monday of the New Year. Let's not get all pessimistic yet! Wall Street (though I don't think it's a good economic indicator) jumped 1.5% today.
What other signs are you seeing out there? Optimistic or pessimistic? Give us your 2010 predictions and the small signals you're seeing where you live.
FROM THE NEWS BLOG: http://blogs.current.com/news/2010/01/04/2010-same-sht-different-year-real-recovery/
SOURCES: http://www.reuters.com/article/idUSTRE6021LK20100103
http://www.bls.gov/news.release/empsit.nr0.htm
http://www.nytimes.com/2010/01/05/business/05markets.htmlIt's the first day back at work in the New Year and the question on my mind is... more
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Yesterday we found out that there was going to be some leftover money from TARP and that Obama wanted to put it to job growth. He gave a speech today outlining some plans. Among the highlights? Assisting small businesses, putting more money to infrastructure and encouraging investments in clean energy. He also called on businesses to do their part for job creation as well, saying there was only so much government could do.He'll meet with lawmakers tomorrow to get some of these plans rolling.
FROM THE NEWS BLOG: http://blogs.current.com/news/2009/12/08/obama-lays-out-plan-for-jobs-meeting-lawmakers-tomorrow/Yesterday we found out that there was going to be some leftover money from TARP and... more
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John Henion is a freelance video producer in the San Francisco Bay Area. He was laid off from a staff position in 2008 (full disclosure: at Current) and entered into the freelance world. He blogs about unemployment at Unemploymentality. We spoke yesterday for The Real Recovery.
Life for a freelancer can be tough - especially at the beginning. John Henion moved out to California from Michigan where he'd already established himself with freelance work. In California he had none. He said the move made him "take a step back and do things I didn't want to do." For example, John was about 30 when he moved here, had already produced his own independent documentary, but found himself taking a production assistant role on "Wife Swap" just to be working. "I was beyond the point where I wanted to pick up trash on the set and being told to go get lunches," he said. "After that experience I realized I didn't need to lower the bar that much."
The goal as a freelancer is to have steady work. There are some great benefits - like being your own boss and scheduling your own time off - but there are somethings that are definitely not benefits - like not having benefits. John was lucky to have insurance through a domestic partnership with his girlfriend, but he said for many freelancers the decision about whether or not to get insurance is just whether or not you want to take your chances.
After being laid off, John said it took him about 6-8 months before he was getting steady work again. These days, he has about 5-6 return customers and pulls in a lot of one-off projects. He's been able to work himself back up to an income level comparable to having a full-time staff position. But that comes with a lot more work than just the actual time spent working. "The worst part is...I have to deal with chasing down money. Some people wait until the last minute to pay you or wait until you raise a stink. You know, they want to keep that money on their books as long as they can."
The most important thing John has found to remember freelancing is that no matter how much time he spends at an office, no matter how many new friends he makes in a workplace, being a freelancers puts him in a different position. "As a freelancer they can just stop calling. First time that happened I thought I did something wrong....When they stop calling it's not personal....They're not supposed to roll over and kiss you in the morning, just leave some money on the bedstand."
Are you a freelancer? Have a recession story to tell? Post it to The Real Recovery.
FROM THE BLOG: http://blogs.current.com/news/2009/11/19/surviving-as-a-freelancer-real-recovery/
John's site: http://unemploymentality.com
The Real Recovery: http://current.com/groups/the-real-recovery/John Henion is a freelance video producer in the San Francisco Bay Area. He was laid... more
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-
Here's a math problem for you: The national unemployment rate hits its highest point since the 80s in October: 10.2 percent. According to a report released this week last year 14.6% of Americans couldn't afford to buy enough food. How does that add up?
Well outside of the various nitpicks that can be done to both of those numbers, one big culprit is "underemployment". We've been talking about underemployment a lot in The Real Recovery because I think it's a more accurate measure of how many Americans have been affected by the recession. If you "get discouraged" and stop looking for a job, you no longer count as "unemployed". Or, as we're talking about this week: if you go freelance part time.
The official measure of underemployment is called the U-6 and the Bureau of Labor Statistics describes it in breathtaking terms:
Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers
In October, when we saw that big 10.2% unemployment number, the U6 number was at 17.5% Nearly a fifth of the population!
You know what that does not include though? All the Americans who've taken pay cuts or reduced hours in the recession. (More digging through numbers to come).
Want to get involved with The Real Recovery? Here's two easy things you can do:
- Post your story to the group. How have you been affected? Are you underemployed? Have you taken a pay cut?
- Help me find some other numbers to look at. How many Americans have taken pay cuts?
FROM THE NEWS BLOG: http://blogs.current.com/news/2009/11/18/why-14-6-of-america-cant-afford-enough-food-real-recovery/
THE REAL RECOVERY: http://current.com/groups/the-real-recovery/
SOURCES: http://business.theatlantic.com/2009/11/146_of_americans_experienced_food_shortage_in_2008.php
http://www.bls.gov/news.release/empsit.t12.htm
IMAGE: http://images.google.com/hosted/life/l?imgurl=8c32455de9a85f7d&q=bread%20lines%20source:life&prev=/images%3Fq%3Dbread%2Blines%2Bsource:life%26hl%3DenHere's a math problem for you: The national unemployment rate hits its highest... more
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-
Hey freelance workers, this week The Real Recovery is all about you. We want to hear from people who freelance successfully, people who have gone freelance after losing their job, and people who are barely scraping by with freelance work.
Did you know: If you're freelancing, even making far less money than you can survive on, you don't count as 'unemployed'? You fall under a different category called 'underemployment' - here's the applicable part of the definition from Wikipedia:
"Involuntary part-time" workers -- workers who could (and would like to) be working for a full work-week but can only find part-time work. By extension, the term is also used in regional planning to describe regions where economic activity rates are unusually low, due to a lack of job opportunities, training opportunities, or due to a lack of services such as childcare and public transportation.
The national unemployment rate is 10.2% as of October. That's according to the Bureau of Labor Statistics. The BLS doesn't seem to keep a national underemployment number, which is a lot harder to nail down. But we recently saw that in California underemployment was estimated to be about a fifth of the total population.
This is another topic we want to tackle. As we're trying to put together a picture of the Real Recovery, we want to try to get a handle on underemployment estimates. We'll be working on that for the next month or so. If you want to get involved in that effort, send me a message on Current.
And this week - if you freelance or ever have - tell us about your experience by posting your story on The Real Recovery.
FROM THE BLOG: http://blogs.current.com/news/2009/11/16/real-recovery-this-weeks-about-the-freelancers/
THE REAL RECOVERY: http://current.com/groups/the-real-recovery/
Image: http://cityroom.blogs.nytimes.com/2007/12/12/mtv-responds-to-freelance-outcry/Hey freelance workers, this week The Real Recovery is all about you. We want to hear... more
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