Wednesday, April 19, 2017

What Our Grandchildren Will Do When the Jobs Are Gone

What Our Grandchildren Will Do When the Jobs Are Gone

Most of our new jobs are in service industries, including retail and health care and personal care and food service. Those industries generally don't pay a living wage. In 2014 over half of American workers made less than $15 per hour, with some of the top employment sectors in the U.S. paying $12 an hour or less.

Worse yet, most underpaid workers are deprived of the benefits that higher-income employees take for granted.

A Princeton study concluded that a stunning 94 percent of the nine million new jobs created in the past decade were temporary or contract-based, rather than traditional full-time positions.

Even at high-flying Google, where privileged employees can make six-figure salaries plus thousands more in stock and cash bonuses, about half of the workforce is made up of temps, contractors, and vendors.

  

__Continue__




No comments:

Post a Comment

Comments are subject to review prior to publication. Keep in mind that Robert is the only author allowed the privilege of snarky name calling.