In Reality The Job Market Is Shrinking And So Are Wages

[TheMastersNemesis]

You really cannot blame Obama for it but the job market is shrinking as it grows. And the brutal truth that the MSM is deliberately ignoring is that FULL TIME jobs are disappearing and being replaced by PART TIME, TEMPORARY and CONTRACT JOBS. The end of the full time job more most American workers is approaching. And it is a creation of big business and corporate CEOs to feather their nests at the expense of worker who create their wealth for them.

When the business community talks about multiple careers that are not just talking about 7 0r 8 careers in a lifetime they are talking about 3 or 4 careers at that same time. That is they are talking about 3 or 4 different part time jobs that might be totally different careers. The dirt is in the details.

Welcome to the new Reagan economy when all this mayhem was hatched. If old way of employing people are NOT coming back as the business mantra goes our youth are screwed and so are we.

It is the fault of the worker who continues to accept the business rhetorical tripe. By staying anti labor and anti union for so long and refusing to vote for more progressive agendas, the working class is dooming itself. Conservative attitudes toward labor policy is what has allowed business and industry to create the "RAW DEAL" that has replaced the original "SOCIAL CONTRACT" where workers got a fairer share of the wealth they create through full time secure and long term employment.

That is the only way that workers have chance to build a decent life for themselves and their families.

[Laochtine]

1. Great post

Thank you

[davidn3600]

2. That's why when the job numbers come out, you have to dig deeper than what's being reported

The reality is that the jobs that are being lost are in the middle of the payscale....jobs in the $30-$60k especially. Those jobs are still being lost. The job growth is being made in the low-wage, below $30k. Most of the job growth is low-wage service workers, much of which is part-time.

So even though the job report shows the economy improving, it really isn't. Wealth disparity is increasing. Wages are going down. People have less money to spend. People who are getting laid off are taking these low wage jobs. And the people getting hit hardest the most right now is the youth. Many are leaving college with a mountain of debt and no way to pay off their loans because they can't find any employment with suitable wages. Ultimately, they won't be able to accumulate as much wealth over their lifetimes that their parents did. And that's the worry that this generation will actually have a worse quality of life than their parents.

[Skittles]

3. lots of parents who think their kids will take care of them in their old age

will find out they will be assisting their children instead

[xchrom]

4. Du rec. Nt

[grahamhgreen]

5. I blame the costly trade agreements. We need to get out of them. IMHO

[Sherman A1]

6. K&R

[lib2DaBone]

7. It's a race to the bottom...

NAFA gave us the SHAFTA.... and it was all downhill from there.

The standard of living in the USA is going down by exactly the same amount that the standard of living is increasing in China.

Still.. nothing has changed.. (except Congress granted thenselves a pay raise.)

They pulled the pay raise off the table when the MSM found out about it... but they will sneak it through on some rider on an obscure bill.

You can always count on CONgress to do the wrong thing.

[smirkymonkey]

8. K&R