Simon Kuper writes in the Financial Times that because of
“the economic crisis and technological change,” we are no longer our jobs. He
argues that since workers have lost so much leverage, they often can no longer
choose the professions they truly want to be in, and even if they are in their
professions of choice, those careers are becoming less fulfilling because of
their increasing demands, sinking pay, and vanishing job security.
You can see the loss of worker leverage in this chart from the St. Louis Fed:
Workers’ share of compensation has plunged to a record low
compared to that of the owners of capital, such as property and stocks, and is only barely starting to recover.
There’s a valid argument to be made that we never should
have been our jobs in the first place, and that we should define ourselves by
our relationships, hobbies, and outside interests instead. Why should what we
do to survive define who we are? We should work to live, not live to work.
So, taking that argument a step further, perhaps it’s a blessing
in disguise that work isn't our only identity anymore. Perhaps we now can focus
again on what matters most to us, since employers never would have hired us to
pursue exactly what we wanted to do
anyway.
But now that workers have lost leverage due to high
unemployment, they also have less time to pursue outside interests. Making enough
money to eat, have a roof over your head, and support your family usually takes
precedence over everything else. And those necessities have become more
precarious. So work is becoming an even bigger part of people’s identities, but
not by choice.
With three unemployed people for every job opening,
the jobless and the underemployed have to work even harder to find a job that
matches their skills and former income: a job that may never materialize. And
many full-time workers—even in elite jobs—have to labor under the assumption
that their lives basically are their bosses’ to dictate. For many, working nonstop
during the day, late, and during weekends has become the norm.
When workers are under that much pressure, they are less
likely to pursue outside interests, be attentive to their friends and family, and
cultivate new relationships. You can see it in the fact that Americans spend only 21 minutes per day socializing and 6 minutes on forms of leisure not
covered by the American Time Use Survey. And you can see it in the fact that the U.S. marriage rate and birth rate have plunged to record lows. When fewer people are economically secure, fewer are willing to make long-term commitments.
So workers still are their jobs, due to the sheer amount of
time they have to devote to work. But now it’s to try to maintain their
standard of living, rather than because they love their jobs and can’t imagine
doing anything else. When employers have all the leverage, they can make you spend so much time doing whatever they want that you don’t have enough
time for anything else.
Thanks to the lousy economy, we aren't just making less money than we otherwise would have. We also have less time to become who we are meant to be.
Thanks to the lousy economy, we aren't just making less money than we otherwise would have. We also have less time to become who we are meant to be.