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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney promised to bring unemployment down below 6% in 4 years. Obama did it in half the time.
Romney promised to bring unemployment down below 6% in 4 years. Obama did it in half the time.http://www.reddit.com/user/exmocaptainmoroni
Just a reminder
liberal N proud
(60,289 posts)czarjak
(11,140 posts)But, but, but, but............
jtuck004
(15,882 posts)Unemploment lower, but still 15 million more people in poverty than in 2008, 9 million homes underwater - with more to come, and more jobs lost, when interest rates go up.
If you don't care about putting food on the table all month, or sending your kid to school, or avoiding having a student loan that follows you to the grave, this is great news.
"The labor market has been recovering since the Great Recession ended, but many of the jobs created have been in low-wage industries, according to a new report by the National Employment Law Project, a left-leaning group.
Among the fastest-growing jobs: Food services, home health care and retail -- all of which pay relatively little.
...
NELP's analysis looked at 85 industries in three distinct wage brackets. Low-wage industries paid hourly wages of between $9.48 and $13.33, mid-wage between $13.73 and $20 and higher wage between $20.03 and $32.62.
And it shows that this recovery is quite different than the period following the 2001 recession, when job growth was spread out more evenly between lower and higher wage industries.
...
http://money.cnn.com/2014/04/28/news/economy/low-wage-jobs/index.html
Anything can look good if your standards are low enough.
applegrove
(117,885 posts)older people in the 40s and 50s working there. Immigrant men and women too. I ended up working the same job 25 years later and the whole hotel was being run by 20 somethings. I was amazed. They can pay them less. So everyone making less in those mid level jobs. I don't know what someone my age does when looking for work.
Major Hogwash
(17,656 posts)applegrove
(117,885 posts)When up is down, black is white, in is out you have people practicing the dark art of group manipulation.
maindawg
(1,151 posts)I knew that I would need a skill. Because I could not go to college.
I knew that when I was 15.
....................................
FlatStanley
(327 posts)MattSh
(3,714 posts)I have a bridge to sell you.
Slightly used, but plenty of use still in it. Future repairs are your responsibility though!