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Ford_Prefect

(7,894 posts)

11. Rents keep climbing and income doesn't. We are living on rented money and borrowed time.

Reply to mahatmakanejeeves (Original post)

Thu Dec 6, 2018, 11:47 AM

Dec 2018

There is no metric for the value earned in all those new jobs versus cost of living change over the last 5-10 years. Many of the jobs lost in that time are not coming back. Service jobs at minimum wage or lower do not make up for production jobs at union rates sent to China or elsewhere.

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U.S. adds 179,000 private-sector jobs in November: ADP [View all] mahatmakanejeeves Dec 2018 OP

if little wage growth then more jobs not helping working americans at all beachbum bob Dec 2018 #1

Many workers are working more than one job just to Iliyah Dec 2018 #2

yep, many retirees can't afford being retired and they are working part time jobs as well beachbum bob Dec 2018 #3

Cost of living went up 2.8% watoos Dec 2018 #7

cost of living went up alot more than 2.8% thats only a number they use beachbum bob Dec 2018 #12

Fewer than in the past Recursion Dec 2018 #10

Reminds me of a story, or joke if you will. Mr.Bill Dec 2018 #4

We've had four years of record wage growth, concentrated on the poorest 20% (nt) Recursion Dec 2018 #9

Jobs Lost LogicFirst Dec 2018 #5

You need JOLTS for that information. The newest one available is for September. mahatmakanejeeves Dec 2018 #6

I can now do that for October 2018. mahatmakanejeeves Dec 2018 #13

Links to earlier reports mahatmakanejeeves Dec 2018 #8

Rents keep climbing and income doesn't. We are living on rented money and borrowed time. Ford_Prefect Dec 2018 #11