FinTech Silicon Valley Jobs

“I Accept Pay Less Than My Worth Just To Get A Job”: How The Gig Economy Screwed Over Millennials

After the recession, newly vulnerable workers were forced to take crappy jobs and a decade later, they’re still screwed.  Read this excerpt from Can’t Even: How Millennials Became the Burnout Generation.

Over the course of the Great Recession, over 8.8 million jobs were eliminated in the United States alone. Americans lost jobs in construction, at colleges, at nonprofits, at law firms, and at big-box stores going out of business. They lost jobs in recreation, at newspapers, at public radio stations, at car factories and startups, in finance, in advertising, and in publishing. In the past, recessions have busted the job market, but then recovery has rebuilt it: The jobs disappeared as companies tightened their belts, then reappeared as they felt confident expanding.

That’s not what happened this time — which is one of the main reasons why millennials, many of whom were struggling to find their first job, any job, during this era, have had such a negative experience of work. To be clear, it’s not that jobs weren’t created. In fact, strong job creation numbers were flouted every day — first by Obama, then by Trump. It’s just that they weren’t the same sort of jobs as before. A “job” can be a temp position given to a freelancer, a seasonal gig, even a part-time job. According to one study, nearly all of the jobs “added” to the economy between 2005 and 2015 were “contingent” or “alternative” in some way.
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Pemo Theodore

Pemo Theodore is a Media Publisher and a great people connector. She was Founder Silicon Valley TV which has served the San Francisco Bay Area for 10 years! She has produced Silicon Valley Events for Investors & Startups for 10 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 6 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto and audio podcasts. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is audio & visual media and she has built up a great body of work of videos of panels & interviews and podcasts in Silicon Valley startup ecosystem. She has lived & worked in Canada, Australia, New Zealand, Ireland, London, Northern Ireland & Silicon Valley. Bio https://pemo.one

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