Looking for a Good Job? Don’t Get Your Hopes Up

[xchrom]

http://www.inthesetimes.com/working/entry/13734/looking_for_a_good_job_dont_get_your_hopes_up/




If you think your job stinks, you're not alone. And if you’re still looking for a decent job, don’t expect to find one anytime soon, or ever.

A new analysis of job quality, assessing various measures of benefits and wages, confirms what many of us already suspected: Good jobs are vanishing from the United States, with global trade and social disinvestment leaving workers stranded on a barren economic landscape.

The report, published by John Schmitt and Janelle Jones from the Center for Economic and Policy Reseach (CEPR), shows that the downward spiral began long before the recent economic crisis. It notes that since 1979, the "good job" (one that "pays at least $18.50 an hour, has employer provided health insurance, and some kind of retirement plan&quot has become an endangered species:

[T]he economy has lost about one-third (28 to 38 percent) of its capacity to generate good jobs. The data show only minor differences between 2007, before the Great Recession began, and 2010, the low point for the labor market.
In 2010, "less than one-fourth (24.6 percent) of the workforce" possessed those precious good jobs. And the clincher is this downturn is beginning to look like a sad plateau:

The deterioration in the economy's ability to generate good jobs reflects long-run changes in the U.S. economy, not short-run factors related to the recession or recent economic policy.

[TBF]

1. Looking forward to the day when we have universal health care

that is not tied to folks' jobs.

[midnight]

2. I like that idea!

[progressoid]

3. B b b but the economy is doing so well!

Just ask Wall Street.

[ProfessionalLeftist]

4. What 'free trade' hath wrought

And also, healthcare should NOT be tied to one's job or whether they have a job or not.