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McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

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McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

Post by Guest on Mon May 09, 2011 10:00 am

Increasing numbers of people are flipping burgers, answering telephones, engaged in child care, mopping hallways, and in other low-wage lines of work.

According to a recent analysis by the National Employment Law Project (NELP), the biggest growth in private-sector job creation in the past year occurred in positions in the low-wage retail, administrative, and food service sectors of the economy. While 23% of the jobs lost in the Great Recession that followed the economic meltdown of 2008 were “low-wage” (those paying $9-$13 an hour), 49% of new jobs added in the sluggish “recovery” are in those same low-wage industries. On the other end of the spectrum, 40% of the jobs lost paid high wages ($19-$31 an hour), while a mere 14% of new jobs pay similarly high wages.
http://www.alternet.org/story/150872/mceconomy:_is_america%27s_middle_class_doomed_to_low-wage_jobs_and_a_poor_standard_of_living

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Re: McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

Post by suri on Mon May 09, 2011 11:28 am

EXACTLY the 'new normal'?? The whole of society, the economy are being pulled into a black hole with no living wages or ability for anyone to rise above... Another May of grads we are failing in the American promise to provide the opportunity to grow and thrive! Now, it's become a matter of survival with no govt intervention. Praying for strength for our nation to survive it's lack of leadership and direction. No

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Re: McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

Post by exhaustedandtired/1208 on Mon May 09, 2011 11:38 am

I can understand this topic if your young!!! But At 62 I would take any low paying job.(almost any) But even a young person , unemployed! Take a low paying job to have a source of income then its always easier to find a job while you have one! So better go for a low paying job, to show the critics that we ain't lazy! Take the job then go for the big bucks! But I also understand this topic too! Your skills may take you to a job that used to be a high paying field, but now with the economy one may have to take a low paying job even with great education or skills. Well that is the difference in a great economy and a bad economy. The term used is : Employers market vs employee(job seekers) market. If a great economy and skilled are hard to find the employers pay great salaries. But if its a bad economy and many are out of work, uh oh! Its a employers market!

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Re: McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

Post by Guest on Mon May 09, 2011 11:50 am

I understand what you are saying, 1208. But how does someone almost 55 years old, single, live on a part-time, minimum wage job? It can't be done. The alternative is a homeless shelter, if there is room.

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Re: McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

Post by Springflowers on Mon May 09, 2011 12:17 pm

They can't survive, when prices and rent are going up.

What is scary is the service economy will collapse too. Who can hire cleaners, or day carers or even afford McDonalds, when there is no more jobs in the end? A few will retain employment via a thin silver of wealthy...but that's it.

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Re: McEconomy: Is America's Middle Class Doomed to Low-Wage Jobs and a Poor Standard of Living?

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