Career Calling

December 12, 2013

The Real Job Problem

Every month we hear about gains in the private sector job market.  O.K.  There are more.  The real question is:  Are they good?  Laura Clawson of Daily Kos examines this problem, and what she finds is not pretty.  The number of jobs paying more than $15 an hour is shrinking while the number paying less is growing.  There are seven people competing for every job paying more than $15 an hour.  Our job problem is real a wage problem.  This story does not address the equally important problem of those who are employed getting minimal raises or no raise at all.  Unless something changes, that’s a number that will have very big and ugly consequences.

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