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Financial Times (April 11)

2018/ 04/ 13 by jd in Global News

“For decades, Japan has struggled to remove barriers to the growth of technology start-ups,” but risk aversion and social pressure caused job seekers to focus on established companies. “That may be changing” as economic stagnation “threatens lifetime employment at big companies. More young people are joining start-ups or even going freelance to enjoy flexibility in their working life. Part-time or contract workers now account for about 40 per cent of Japan’s workforce.”

 

Wall Street Journal (July 14)

2014/ 07/ 14 by jd in Global News

Upbeat U.S. employment figures belie the fact that full-time jobs actually fell by 523,000 in June. “Way too many adults now depend on the low-wage, part-time jobs that teenagers would normally fill. Federal Reserve Chair Janet Yellen had it right in March when she said: ‘The existence of such a large pool of partly unemployed workers is a sign that labor conditions are worse than indicated by the unemployment rate.’” Stripping the nearly 800,000 new part-time jobs out from the employment figures removes the feel-good factor and reveals “why the June numbers are so distressing.”

 

Washington Post (July 10)

2013/ 07/ 12 by jd in Global News

“Is the full-time American job going the way of the dodo? The signs aren’t exactly heartening.” Part-time work has been rising, working hours declining and low-wage work increasing as part of an ongoing, long-term trend. The use of temporary workers through staffing agencies has also increased. “Left to its own devices, the American economy is eroding the American job. Hours decline, dragging take-home pay down with them.”

 

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