Comment Re:Importantly (Score 1) 263
Your anecdotal data point is representative of how risk is being moved from organizations to individuals, and income volatility is increasing even for highly educated workers (in the U.S., of course). See "High Wire" by Gosselin for detailed statistics. When Suze Orman switched to telling people they need 1 year of income in cash for emergencies, the shift in risk, the increase in income volatility, is the "why".