|
Joined: Jan 2010
Posts: 23,561 Likes: 2
Campfire Ranger
|
OP
Campfire Ranger
Joined: Jan 2010
Posts: 23,561 Likes: 2 |
"In 1990, the jobs were pretty much evenly divided" said Daniel Alpert, a founder of Westwood Capital and one of the creators of the index. In the process of running the numbers, he said, "We discovered that 63% of all jobs that were created since 1990 were low-wage, low-hour jobs. That was a pretty stunning statistic." To calculate the index's value, the researchers split up the jobs created every month into those that pay above average and those that pay below average, and then divide one figure into the other. An index value below 100 means there are more lower-paying jobs relative to higher-paying jobs; a value above 100 means the opposite. This month, the index is just over 80, meaning there are 80 high-paying jobs for every 100 low-paying jobs. That's a stark drop from 1990, when there were 94 high-paying jobs for every 100 low-paying jobs. "There aren't enough 'good jobs' to go around," the Brookings Institution proclaimed earlier this month, when it released a report that found 44% of all workers are low-wage workers. These workers make a median pay of just $18,000 a year. https://www.cbsnews.com/news/american-jobs-are-getting-worse-according-to-a-new-economic-measure/
Last edited by KFWA; 12/02/19.
have you paid your dues, can you moan the blues, can you bend them guitar strings
|
|
|
|
Joined: Sep 2011
Posts: 45,259 Likes: 21
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Sep 2011
Posts: 45,259 Likes: 21 |
Now, how do we solve that problem?
Geno
PS, If I knew, I'd be rich...................or "Epsteined".
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
|
|
|
|
Joined: Aug 2011
Posts: 5,209 Likes: 1
Campfire Tracker
|
Campfire Tracker
Joined: Aug 2011
Posts: 5,209 Likes: 1 |
"In 1990, the jobs were pretty much evenly divided" said Daniel Alpert, a founder of Westwood Capital and one of the creators of the index. In the process of running the numbers, he said, "We discovered that 63% of all jobs that were created since 1990 were low-wage, low-hour jobs. That was a pretty stunning statistic." To calculate the index's value, the researchers split up the jobs created every month into those that pay above average and those that pay below average, and then divide one figure into the other. An index value below 100 means there are more lower-paying jobs relative to higher-paying jobs; a value above 100 means the opposite. This month, the index is just over 80, meaning there are 80 high-paying jobs for every 100 low-paying jobs. That's a stark drop from 1990, when there were 94 high-paying jobs for every 100 low-paying jobs. "There aren't enough 'good jobs' to go around," the Brookings Institution proclaimed earlier this month, when it released a report that found 44% of all workers are low-wage workers. These workers make a median pay of just $18,000 a year. https://www.cbsnews.com/news/american-jobs-are-getting-worse-according-to-a-new-economic-measure/ That was the plan. Now immigrants from developing countries need to be imported to fulfill the job market needs. Another strategy is to use environmental issues in order to ship manufacturing jobs to where wages are the lowest and environmental policies are lax.
|
|
|
|
Joined: Apr 2011
Posts: 151,833 Likes: 20
Campfire Savant
|
Campfire Savant
Joined: Apr 2011
Posts: 151,833 Likes: 20 |
That is what the Dumbocrats want, most of us doing menial work for a few rich people, like in China.
|
|
|
|
Joined: Aug 2011
Posts: 5,209 Likes: 1
Campfire Tracker
|
Campfire Tracker
Joined: Aug 2011
Posts: 5,209 Likes: 1 |
That is what the Corporations want, most of us doing menial work for a few rich people, like in China.
|
|
|
|
Joined: Sep 2011
Posts: 45,259 Likes: 21
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Sep 2011
Posts: 45,259 Likes: 21 |
That is what the Corporations want, most of us doing menial work for a few rich people, like in China. Bingo And eventually those corporations would just love to do away with countries, laws, regulations, and politics altogether. Just corporations, merging and merging and merging and getting more and more control. Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
|
|
|
|
Joined: Jan 2004
Posts: 4,584
Campfire Tracker
|
Campfire Tracker
Joined: Jan 2004
Posts: 4,584 |
The idea behind the Matrix trilogy with the machines being the corporations?
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc.
|
|
|
|
Joined: Dec 2008
Posts: 8,317
Campfire Outfitter
|
Campfire Outfitter
Joined: Dec 2008
Posts: 8,317 |
Globalization ..... it's good for stocks, not so much for American workers.
"Life is tough, even tougher if your stupid" John Wayne
|
|
|
|
Joined: Dec 2010
Posts: 19,257 Likes: 11
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2010
Posts: 19,257 Likes: 11 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. It sure hasn't for everybody, which is why there are 5-10 used car dealerships for every new. Don't know how it is everywhere but about a third of the homes on the back roads around here are mobile homes.
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. It sure hasn't for everybody, which is why there are 5-10 used car dealerships for every new. Don't know how it is everywhere but about a third of the homes on the back roads around here are mobile homes. You're telling me that the average home size where you live is not larger than in 1990?
|
|
|
|
Joined: Dec 2010
Posts: 19,257 Likes: 11
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2010
Posts: 19,257 Likes: 11 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. It sure hasn't for everybody, which is why there are 5-10 used car dealerships for every new. Don't know how it is everywhere but about a third of the homes on the back roads around here are mobile homes. You're telling me that the average home size where you live is not larger than in 1990? I don't think it is no. Of course there are a few folks who make good money and build nice big houses but for every one of those 5 mobile homes have been set up so that would bring the average back down. Also, the average car on the road in America today is 11 years old.
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. It sure hasn't for everybody, which is why there are 5-10 used car dealerships for every new. Don't know how it is everywhere but about a third of the homes on the back roads around here are mobile homes. You're telling me that the average home size where you live is not larger than in 1990? I don't think it is no. Also, the average car on the road in America today is 11 years old. You must live in a slum.
|
|
|
|
Joined: Dec 2003
Posts: 8,524
Campfire Outfitter
|
Campfire Outfitter
Joined: Dec 2003
Posts: 8,524 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. Debt and money printing seem to be helping. Stay tuned for how that plays out.
|
|
|
|
Joined: Dec 2010
Posts: 19,257 Likes: 11
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2010
Posts: 19,257 Likes: 11 |
If that is so, how is it that our standard of living keeps increasing? Homes keep getting larger, cars keep getting nicer, etc. It sure hasn't for everybody, which is why there are 5-10 used car dealerships for every new. Don't know how it is everywhere but about a third of the homes on the back roads around here are mobile homes. You're telling me that the average home size where you live is not larger than in 1990? I don't think it is no. Also, the average car on the road in America today is 11 years old. You must live in a slum. I live in one of the least populated counties in upstate NY. No slums out here. Those are in the cities.
Last edited by Blackheart; 12/02/19.
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
https://www.darrinqualman.com/house-size/This guy says that the average U.S. home size has grown from about 2000 suare feet in 1990 to about 2600 sf today. Seems about right looking at my community.
|
|
|
|
Joined: Dec 2010
Posts: 19,257 Likes: 11
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2010
Posts: 19,257 Likes: 11 |
Where do you live, city, suburb, within commuting distance of a city or out in the boondocks ? It makes a big difference as far as income is concerned. As of 2018 the median income for males in my County was 36k per year and the median household income was 47k.
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
Where do you live, city, suburb, within commuting distance of a city ot out in the boondocks ? Out in the boonies of it matters.
|
|
|
|
Joined: Dec 2010
Posts: 19,257 Likes: 11
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2010
Posts: 19,257 Likes: 11 |
So you have alot of good paying jobs out there in the Tennesee boonies ? The cost of living and taxes really low ?
|
|
|
|
Joined: Feb 2010
Posts: 16,103 Likes: 2
Campfire Ranger
|
Campfire Ranger
Joined: Feb 2010
Posts: 16,103 Likes: 2 |
So you have alot of good paying jobs out there in the Tennesee boonies ? The cost of living and taxes really low ? No special job opportunities I am aware of. The cost of living and taxes are reasonable.
|
|
|
|
596 members (10gaugemag, 160user, 10gaugeman, 1936M71, 10ring1, 12344mag, 65 invisible),
2,402
guests, and
1,164
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,192,857
Posts18,497,077
Members73,979
|
Most Online11,491 Jul 7th, 2023
|
|
|
|