Sunday, July 18, 2021

Meet the Scrooges of the gig economy

New York Times, 7/15/2021
Though the minimum wage in New York City is $15 an hour, many residents who work for app-based services like UberEats, DoorDash and Lyft earn less than half that and cannot pay rent and other expenses, according to surveys of gig workers in the city. But a large share are immigrants, many of them undocumented, who feel they have few other options, the surveys show. “ 
The face of this work force has changed significantly and become predominantly immigrant,” said Maria C. Figueroa, director of labor and policy research at the ILR School at Cornell University.

Original 7/3/2019 post, "Welcome to the new Gilded Age," starts here.

Illustration:  Puck political cartoon via Bryan Alexander

Reported in Rich get richer, everyone else not so much in record U.S. expansion.  (Reuters, 7/2/2019)

6/25/2019 post, "It's called income inequality, and 50% of us are really getting screwed", starts here.

America's Ultra Rich Have a Message for 2020 Candidates.  (Fortune, 6/24/2019)
The proposal would levy a two-cent tax on the dollar on assets over $50 million and an addition 1 cent on the dollar on any assets exceeding $1 billion. The tax would affect an estimated 75,000 families, raising $2.75 trillion over 10 years.

Related posts:
Book reviewer Jennifer Szalai on income inequality in 50 words or less.  (3/2/2019)
For most Americans, it's a bullshit, not a bull, market.  (8/27/2018)
Greetings from Trump's America: Decatur County, Iowa, where 52% of residents can't afford the basics.  (6/29/2018)
Repeat after me: Seattle's minimum wage has gone too far. (6/30/2017)
Former U.S. Senator Alan K. Simpson isn't singing with the current Republican chorus.  (11/9/2015)
It's Deja Vu Vu Vu All Over Again: The Rich Get Richer, the Poor Poorer.  (8/12/2014)
The Very Rich are not Spending Their Money on Job Creation, Suckers.  (3/5/2014)

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