When Jobs are Temporary, How Does Economic Development Create Them?

Bill Fulton writes about the shift from permanent, full-time jobs to "1099 jobs": hourly, contract work that is becoming more and more common. If 1099 jobs take over the economy, how can economic developers do their job?

Fulton argues that the shift will mean more investment in infrastructure than in individual businesses:

"...even though there may not be jobs in the conventional sense, there is still work. That's the whole idea of the 1099 economy. It's just a different way of organizing the economy. Businesses need economically valuable work to be done, but instead of employing people full-time and permanently, they contract with individuals to do the work temporarily. The work ebbs and flows, the businesses come and go, and the 1099 employees work for a while and then move on. It's a lot more fluid -- and seemingly uncertain -- than the traditional economy."

Full Story: Economic Development in the 1099 Economy

Comments

Build Your Own Paper Block City

Urban Fold is an all-inclusive kit that allows anyone to build the city of their dreams with a few simple folds.
$24.95
building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
$24.00
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month