• Jobs and Working

    What a job search custom tells us about the death of free-market egalitarianism

    In the Wealth of Nations, Adam Smith imagined a pin factory with ten workers, and predicted that capital owners would be on the factory floor doing manual labor alongside their employees. Instead, Amazon packs thousands of workers into each of its warehouses, and some of those workers reportedly pee into plastic bottles for fear of getting disciplined if they “waste time” on bathroom breaks. Meanwhile, Jeff Bezos is a millionaire, 151,000 times over. In my latest essay for The Outline, I talk about how the custom that job candidates should send thank-you notes to their interviewers fits into a long history of workers being placed socially and culturally beneath management.…

  • Banking,  Jobs and Working

    “The wealth continues to circulate within white cultures and white groups:” Reflections on diversity and inclusion in banking

    In last week’s episode of a Me and a Bunch of White Girls, Laura, a diversity and inclusion consultant, described how her experiences in the financial sector motivated her to tackle D&I work: America has so many problems, and this [lack of diversity] is one of them. We continuously keep these spaces so white. [….] Especially in the financial industry, there’s not enough black and brown people. The wealth continues to circulate within white cultures and white groups. Black and brown people aren’t making it into these spaces to influence where the money flows, or to get the money themselves. Obviously, those who want to dismantle capitalism itself would critique…

  • Jobs and Working

    What’s it like to make it from one rung on the economic ladder to the next?

    When we talk about economic mobility (or the lack of it) in the United States, it’s easy to get lost in the statistics — missing what life is like for those who make it from one rung of the economic ladder to the next. As you gain new opportunities, you face new conflicts — in my piece for The Outline, I talked to first-generation college graduates to understand what it’s like to bridge ‘different worlds.’ It goes without saying, but you are probably either a colleague or employer, educator or classmate of those who grew up in very different economic circumstances than you — and to create opportunity, you have…

  • Jobs and Working

    One in four “gig economy” workers would take a normal job at a lower pay

    In a recent working paper for the Federal Reserve of Boston, Anat Bracha and Mary Burke find that 26% of gig economy workers would accept a lower hourly wage to be able to work hours at a formal job instead of in the informal economy — even if the formal job didn’t come with benefits.  While informal and ‘gig’ jobs are sometimes presented as offering greater flexibility and autonomy, Bracha and Burke’s findings strongly suggest that many would gladly ditch gig work in favor of greater predictability. Their working paper also finds that the census districts with the highest rate of informal and gig labor force participation have the lowest…

  • Jobs and Working

    D.C. neighborhoods that voted ‘Yes’ to raise the tipped minimum wage have nearly twice as many restaurant and hospitality workers

    D.C. City Council held a hearing yesterday to consider overturning Initiative 77, which would gradually raise the tipped minimum wage for D.C. workers from $3.33 to $12.50, rising to $15 along with the base minimum wage in 2020. Opponents of the Initiative claim to have the backing of not only the District’s restaurant owner and operators, but the city’s restaurant servers and bartenders as well.  At yesterday’s hearing, Jill Tyler, Co-Owner of Michelin-starred restaurant Tail Up Goat in Adams Morgan said “by and large, the current system works,” resulting in workers “who can afford to buy a home, who can afford to raise a family,” noting that 40 of her…