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Why is the Economy So Bad?

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Why is the Economy So Bad? Empty Why is the Economy So Bad?

Post by Springflowers Tue Jun 14, 2011 12:30 pm


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Why is the Economy So Bad? Empty Re: Why is the Economy So Bad?

Post by Guest Tue Jun 14, 2011 12:34 pm

Why does it seem like nearly all of the jobs that are available right now are crappy, low paying jobs?

Well, because most of the jobs that are available are crappy, low paying jobs. The following is a brief excerpt from a recent article posted on Tomdispatch.com.....

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.

MAD

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Post by Guest Tue Jun 14, 2011 1:40 pm

And this is why they need to start a work match type program. Qualified 99ers and Unemployed getting the first crack at jobs similar to those they previously held. Our Reps. and Senators have many, many contacts within the business communities and are constantly being asked to help cut taxes, fund projects and research, help with new ventures, now it's time for them to give back, even if every one of these employers hired just one, it's a start, gets other motivated and looking at competition. Something has to be done and I am asking it of them every day in my emails and tweets and my phone calls. Please join us.

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