eli_sennesh comments on On Walmart, And Who Bears Responsibility For the Poor - LessWrong

13 Post author: ChrisHallquist 27 November 2013 05:08AM

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Comment author: Lumifer 26 November 2013 06:49:09PM 2 points [-]

the effect of partition from a largely full-time economy into an economy divided between statistically distinct classes of full-time and part-time workers (the so-called "precariat") does seem to be occurring.

There are multiple factors in play here, but my impression is that mostly (but not entirely) this is a good thing.

Essentially people who have a valid (from the point of view of their finances, lifestyle, etc.) choice between working full-time and part-time are exercising their choice. It works from both ends -- to take stereotypical examples, a contract programmer might reduce his workload to part-time because he earns enough money and values leisure more; and a stay-at-home mom might pick up a part-time job because she has enough time and energy for it, but not for a full-time job. This is good -- it represents the availability of choice.

Comment author: [deleted] 26 November 2013 09:07:26PM 3 points [-]

This is a very complicated issue to unravel.

Anecdotally, I can attest that in the overemployed professions, some employers have started offering part-time hours at high hourly rates (or contracting/consulting jobs working part-year-round) as a fringe benefit to attract elite, high-skilled workers. Your contract worker is an example: I've done that one, earning a perfectly respectable monthly salary as a contract programmer but only working a few months at a time to get a frugal income quickly.

However, we do know that outside the conventionally-overemployed, high-hourly-rate professions, stay-at-home parenting has declined and part-timing has risen without necessarily being by choice.

I would venture to say that we should look for some numbers on hourly earnings (potentially split into full-time and part-time workers) to see what's really going on. That sounds at least intuitively right, as I've known more than a few "highly-paid" scientists, programmers, lawyers, etc who end up with fairly moderate or even low hourly earnings once you account for their immense working hours.