The latest jobs report showed a relatively healthy month for April 2014. 288,000 jobs were added and the jobs were being added across various industries. This report came in higher than most economists were predicting. However, even with this boost the trajectory of added jobs is still very low compared to other recoveries. One month […]
There is a growing disconnect in the country between the working class and those in more professional careers. Part of this is coming from massive globalization that is extracting lower wages for the vast portion of our nation. The market craves lower costs and higher profits and the two don’t typically align with keeping things […]
Fast food American economy: Professor states that low pay jobs part of future. College degree required for McDonald’s job.
It was interesting to hear a Columbia Professor mention that fast food jobs should not be considered as the bottom of the rung of jobs. These lower paid service sector jobs are actually part of the norm and will be growing. As the US economy begins to get more and more bifurcated we can expect […]