Career Calling

July 25, 2012

Could You Make It on Less Than $10 an Hour?

According to an article by Travis Waldron of Think Progress, 25% of the hourly workers in the U.S. have to make do with wages that are less than $10 per hour.  Waldron documents that this kind of job is increasing.  Many of these workers are employed by very profitable corporations.

Clients always ask me about unemployment, which I admit is a problem.  However, wage stagnation and decline is a much bigger problem.  Today I met a client who works in healthcare as a medical assistant.  He has three certifications.  A year ago he was working a 40 hour week and only making $14 an hour (about $28,000 a year, not much in Chicago).  Last week he learned that his company had fallen on hard times, his hours have been cut to 28 a week and his pay cut to $12 an hour.  Hourly employees have been given no indication that the company’s owners or managers have made a similar sacrifice.  Is this the America that some call exceptional?  I’d call it embarrassing.

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