"Great Recovery" creates shitty jobs. Good jobs mostly history
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The deep recession wiped out primarily high-wage and middle-wage jobs. Yet the strongest employment growth during the sluggish recovery has been in low-wage work, at places like strip malls and fast-food restaurants.
In essence, the poor economy has replaced good jobs with bad ones. That is the conclusion of a new report from the National Employment Law Project, a research and advocacy group, analyzing employment trends four years into the recovery.
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http://mobile.nytimes.com/2014/04/28/business/economy/recovery-has-created-far-more-low-wage-jobs-than-better-paid-ones.html?smid=tw-share&_r=1&referrer=
msongs
(67,413 posts)Laelth
(32,017 posts)-Laelth
TexasTowelie
(112,219 posts)Signed,
Part of the long-term unemployed who will never return to prosperity.
mercuryblues
(14,532 posts)why minimum wage needs to be increased. If the only jobs available are fast food and strip malls, they need to pay enough to support a family. Not just CEO's.
What those MF'ers don't understand. If a person can not support a themselves they will start revolting. Take away birth control, forcing women to get pregnant with kids they can not feed, let alone clothe and shelter, the back lash will be severe. There is no amount of money that would provide the needed protection for the 1%.
Now the real question is, will the revolution be televised?
yallerdawg
(16,104 posts)In the desire to acquire and maximize profit, which is why the corporation exists, cheaper labor (globally now) and technological improvements drive down the number of higher- and medium-wage people needed. This also creates job scarcity which drives down worker pay.
The service sector cannot be outsourced. Someone has to put the patty on the bun, push the mower, wash and wax the car, hammer the nail, change the oil, watch the kids, and chauffeur the limousine. When this is all that is left we will kill each other for work, if the rich haven't finished implementing the policies to kill us already (all tools have a useful life, and beyond that are unnecessary cost).
Eventually, there will be a large impoverished worker class existing to serve and dependent on the small but wealthy class controlling the means of production and consumption. The rich will get richer, the poor will get poorer.
What happens now...
Overseas
(12,121 posts)Adrahil
(13,340 posts)With increased automation, low skill jobs are disappearing and being replaced with unskilled jobs. The only hope in the short term is highly skilled jobs and professional jobs, and those are on the block next. I'm terrified of the world my daughter is facing.