Posts Tagged ‘jobs’
Tags: capital, capitalists, cartoon, Catholic Church, exorcism, foreign policy, freedom, healthcare, Iran, Israel, jobs, Marx, pope, Republicans, wages
Tags: chart, incomes, insecurity, jobs, workers
According to the Washington Post,
American workers are living with unprecedented economic anxiety, four years into a recovery that has left so many of them stuck in place. That anxiety is concentrated heavily among low-income workers. . .
More than six in 10 workers in a recent Washington Post-Miller Center poll worry that they will lose their jobs to the economy, surpassing concerns in more than a dozen surveys dating to the 1970s. Nearly one in three, 32 percent, say they worry “a lot” about losing their jobs, also a record high. . .
Lower-paid workers also worry far more about making ends meet. Fully 85 percent of them fear that their families’ income will not be enough to meet expenses, up 25 points from a 1971 survey asking an identical question. Thirty-two percent say they worry all the time about meeting expenses, a number that has almost tripled since the 1970s.
Tags: cartoon, deficit, hunger, jobs, poverty, Tea Party, unemployment, zombies
Tags: Bank of American, banks, cartoon, Citigroup, Congress, food stamps, jobs, JPMorganChase, stock market, Too Big to Fail, United States, veterans, Wall Street, Wells Fargo, working poor
Tags: inequality, jobs, recovery, Second Great Depression, unemployment, wages
As the Wall Street Journal admits,
Despite three years of steady job gains, and four years of economic growth, many Americans have yet to experience much that could be described as a recovery. . .
For those with decent jobs, wages are rising, albeit slowly, and job security is the strongest it has been since before the recession. Many families have paid down debts and are seeing the value of assets, from homes to stocks, rebound strongly.
But many others—the young, the less educated and particularly the unemployed—are experiencing hardly any recovery at all. Hiring remains weak, and the jobs that are available are disproportionately low-paying and often part-time. Wage growth is nearly nonexistent, in part because with so many people still looking for jobs, workers have little bargaining power.
That’s what a “recovery” looks like in the midst of the Second Great Depression.
The idea that the government bureaucracy has grown out of control is repeated so often many people actually believe it. However, as Floyd Norris explains,
In September, before the government shutdown, the government had 2,723,000 employees, according to the latest job report, on a seasonally adjusted basis. That is the lowest figure since 1966. Until now, the lowest figure for the current century had been 2,724,000 federal employees in October 2004, when George W. Bush was seeking a second term in the White House.
Now, the federal government employs exactly 2 percent of the people with jobs in this country. In 1966, the figure was more than twice that, 4.3 percent.
Tags: capitalism, cartoon, children, coal, fast food, food stamps, healthcare, jobs, mountaintop removal, services, United States, workers