Jobs: While economists, the administration and the Fed all trumpet "near full employment," a stark reality intrudes: Most of the jobs created in the last decade have been temp or gig jobs, not permanent full-time work. It's a huge problem.
From 2005 to 2015, fully 94% of the 10 million net new jobs were either temporary or contract gigs, says a new study by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University. The share of Americans — mostly Millennials — now doing what the study's authors call "alternative work" has risen from 10.7% to 15.8%.
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