American workers are struggling to keep up
By Charles Carson
As Americans, it’s easy to say our country is built on the hard work and dedication of previous generations. Like many Americans, I know the story of my forefathers. They arrived as so many others through Ellis Island in the early 1900s, and went straight to work. They paved the roads on which we drive today, and built the roofs of the housing that many of us live in. So when did working hard all week become insufficient to get by? Whatever happened to those that could make a living working 40- to 50-hours-a-week and still maintain a rare thing called work-life balance?
As Americans, it’s easy to say our country is built on the hard work and dedication of previous generations. Like many Americans, I know the story of my forefathers. They arrived as so many others through Ellis Island in the early 1900s, and went straight to work. They paved the roads on which we drive today, and built the roofs of the housing that many of us live in. So when did working hard all week become insufficient to get by? Whatever happened to those that could make a living working 40- to 50-hours-a-week and still maintain a rare thing called work-life balance?
I
encounter many people who are taking advantage of the “gig economy” but unable to
attain work-life balance. The sad part is that a lot of them are teachers or
work in the public sector in some capacity. So, I want to know why our public schools
are falling behind and our public workers don’t seem to be the epitome of
productivity? They are not getting paid enough at their “professional” jobs so
they have to spend their free time driving around drunk people or waiting
tables to keep the lights on. The gig economy is here to stay, like it or not.
Last
year, the Bureau of Labor Statistics reported that 55 million people in the
U.S. are “gig workers,” which is more than 35% of the workforce. That number is
projected to reach 43% in 2020. I believe this is a result of people taking on
too much debt and living outside of their means. We should look to our
forefathers as role models and return to our roots of working hard and living
within our means.
A
business mentor of mine posed a question that really made me stop and think
about the increasing cost of job title and standing in today’s society. He
asked me, “What’s sexier, the plumber that makes 600k a year or the lawyer that
makes 60k a year?” I think there are many factors as to why the gig economy has
taken precedence over the past few years. These include the societal pressure
to go to college, buy a house, and be trapped in debt for the next 30 to 40
years. This may have worked for our forefathers but rising inflation has made
this untenable for many American workers today. The costs of education and
housing have gone up, and are continuing to rise, but wage growth has remained
stagnant. Furthermore, it seems that people are working harder and getting paid
less for it.
So
the argument arises, if you’re going into debt for college, all in order to get
a ‘professional’ job that doesn’t pay as well as it should. How is one supposed
to make it in America? This used to be “the land of opportunity” and the “home
of the free,” but it seems like everyone is either trapped by crushing debt or
too bogged down by their gig economy jobs in their “free time” to chase
opportunity.
Why
do people not get paid as much and are forced to work gig economy jobs to
achieve their financial goals? According to CNN business, the answer lies
within the shift of the majority of U.S. workers from manufacturing services
(i.e., workers for G.E., Ford, and GM in the 1950s, 60s, and 70s) to lower paid
services today (i.e. workers for Amazon, FedEx, and fast food chains). This is
part of it, but I think another huge part has to do with businesses getting
bigger and bigger. It’s becoming increasingly difficult for those with
mid-sized or smaller companies to compete, and as a result, the first thing
these businesses do to cut costs is cut employee wages. This leaves the worker
with the short end of the stick.
Comments
Post a Comment