Fun with Craigslist Job Listings: Are you Passionate about Internet Porn? (Flatiron)
Do you spend most of your day watching internet porn? Why not do it for a job?
Right?
Job Description:
- Search good content from our extensive database;
- Add the movies to our websites;
- Write creative descriptions that will grab attention;
- Quality check our websites to ensure everything is working, movies are loading, etc.
You must have a real passion for porn or this is not a job for you.
Salary is $20,000 per annum
Armchair Economist: On Q409 GDP Growth And What The Numbers Mean For A Recovery In Jobs
As I’ve been saying in various conversations with people for the last 6 months or so, my biggest concern regarding a recovery in job growth is this:
The economy has been able to grow even without adding workers because employers have found ways to accomplish more with fewer workers. Productivity grew at a robust rate of 8.1 percent in the third quarter of 2009, the most recent data available.
My thought is that continued high productivity numbers will keep many companies from hiring en masse. Output is up so much with current personnel. Why take on new salaries? And until consumers are back in force (Ed. - not anytime soon), the demand isn’t there to ramp up output through a new round of hiring. CapEx spending will continue to be the next wave in the short term.
See the full article here for an analysis of the GDP numbers (they’re always revised down), a disclaimer on the effects of tighter inventory management, exports and the cheap dollar.
The Bush-Cheney Economy
Some discussion questions for the group:
1) Nothing of the creative destruction wrought by the true maturation of the internet economy? I’d like to see a graph of the mid-to-late-19th Century, the last time the U.S. economy saw such a dramatic disruption.
2) What of globalization? Remember the fracas over “outsourcing” during the 2004 election cycle?
3) Is this graph any different under Gore and/or Kerry administrations?
