Latest topics
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA

» UF2 Members Chat Thread: Part 3
Mon Jan 19, 2015 4:01 pm by member

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Mon Oct 06, 2014 6:33 am by 

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009

» things are going to get worst
Sun Sep 21, 2014 7:51 pm by 

Social Networks
December 2016
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar


March Unemployment Report: Where's the Dough?

View previous topic View next topic Go down

March Unemployment Report: Where's the Dough?

Post by Guest on Mon Mar 07, 2011 1:10 am

While the biggest losses were higher-wage jobs paying an average of $19.05 to $31.40 an hour, the biggest gains have been lower-wage jobs paying an average of $9.03 to $12.91 an hour.

In other words, the big news isn't jobs. It's wages.

At this rate, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans.

Read more: http://www.benzinga.com/11/03/905988/march-unemployment-report-wheres-the-dough#ixzz1FspaJudj





Guest
Guest


Back to top Go down

Re: March Unemployment Report: Where's the Dough?

Post by jmainframe on Mon Mar 07, 2011 3:23 am

This has got to be the phoniest recovery I've seen, and I've seen several now! In a real recovery, in anticipation of higher demand, companies would begin hiring more staff in order to keep up with the demand and their competition. In this so-called recovery, companies are simply forcing their existing staff to work longer and harder, for the same or less pay (do more with less), while companies continue to hoard money in record amounts. And since each company is aware of what the other is doing, they seem to be in agreement that this is the approach they will all adopt. I would not be surprised if there's collusion going on.

jmainframe
Member

Posts : 471
Join date : 2011-02-24
Age : 57
Location : New Jersey

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum