Author Topic: American jobs are getting worse, new economic index shows  (Read 367 times)

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Offline Hoodat

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American jobs are getting worse, new economic index shows
« on: December 02, 2019, 06:47:35 PM »
American jobs are getting worse, new economic index shows

By Irina Ivanova
November 27, 2019 / 7:33 AM / MoneyWatch


Although the U.S. is on a record streak for job-creation, many Americans still feel like they can't get ahead — it's not their imagination. The last three decades have seen the economy churn out more and more jobs that offer inadequate pay, a group of researchers found.

"The history of private-sector employment in the U.S. over the past three decades is one of overall degradation in the ability of many American jobs to support households — even those with multiple jobholders," they wrote.

The group wants to popularize a new economic metric, called the Job Quality Index, that goes beyond the usual labor market barometers, which tend to focus on the quantity of employment. To be sure, there has always been plenty of jobs that don't pay well. But, as the index's creators found when crafting their measurement, there is now a growing number of low-paying jobs relative to employment with above-average pay.

https://www.cbsnews.com/news/american-jobs-are-getting-worse-according-to-a-new-economic-measure/



Historically, this is the typical effect when nations print more money to finance excessive deficit spending.  It happened in Japan for almost two decades.  It happened during eight years of Obama.  And it is happening now under Trump.  Growth will remain stagnant as long as government continues to suck $1+ trillion out of the economy by stealing value from existing currency.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

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Offline GtHawk

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Re: American jobs are getting worse, new economic index shows
« Reply #1 on: December 03, 2019, 09:45:29 PM »
There's this little secret that apparently these unhappy people can't seem to figure out, unhappy with your current job and pay level? IMPROVE yourself, further your education, get training in a technical field, learn a trade and amazing things start to happen, not the least of which is your pay will increase. Unless of course your one of those slackers that believe more pay and benefits should be just handed to you because you FEEL you deserve it.............just because you're special.


EVER SO SPECIAL

Offline Smokin Joe

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Re: American jobs are getting worse, new economic index shows
« Reply #2 on: December 04, 2019, 09:35:58 AM »
Yeah. $60,000 cars, $1,000 phones...staying up with the Jones' likely hurts, not to mention six figure student loans for degrees that don't pay squat.

Sure it's harder to get ahead. Especially if you make bad choices.

It always has been tough if you make bad choices.
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Offline Smokin Joe

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Re: American jobs are getting worse, new economic index shows
« Reply #3 on: December 04, 2019, 09:37:50 AM »
There's this little secret that apparently these unhappy people can't seem to figure out, unhappy with your current job and pay level? IMPROVE yourself, further your education, get training in a technical field, learn a trade and amazing things start to happen, not the least of which is your pay will increase. Unless of course your one of those slackers that believe more pay and benefits should be just handed to you because you FEEL you deserve it.............just because you're special.


EVER SO SPECIAL
There are likely very few people who will improve their lot with that MS in Gender or Ethnic Studies. Jussayin'

It isn't a case of more education, so much as what it is in.

Better in the trades for quite a few.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression


There are no "Socialists", no "Progressives", only Communists, with every negative image that totalitarianism might muster, demanding fealty and conformity to their views, with a legacy of 150,000,000 dead and counting.

Offline GtHawk

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Re: American jobs are getting worse, new economic index shows
« Reply #4 on: December 04, 2019, 03:26:27 PM »
There are likely very few people who will improve their lot with that MS in Gender or Ethnic Studies. Jussayin'

It isn't a case of more education, so much as what it is in.

Better in the trades for quite a few.
I quite agree, there is very good income to be made in the trades and not enough interest because children are lied to about  a college edjumacation being necessary to get a good job. Only a small percentage of all the people that go into debt well above their A$$es actually get jobs in the area of their degrees.

Offline jmyrlefuller

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Re: American jobs are getting worse, new economic index shows
« Reply #5 on: December 07, 2019, 10:34:25 AM »
There's this little secret that apparently these unhappy people can't seem to figure out, unhappy with your current job and pay level? IMPROVE yourself, further your education, get training in a technical field, learn a trade and amazing things start to happen, not the least of which is your pay will increase. Unless of course your one of those slackers that believe more pay and benefits should be just handed to you because you FEEL you deserve it.............just because you're special.
This is a hoot, apparently from someone who hasn't been on the job market in a couple decades. The only education and training anyone wants anymore is experience; otherwise, you are screwed. There's no entry level anymore. I learned that the hard way.
The enemy of my enemy is not necessarily my friend. It may just be that I have two enemies.

Offline libertybele

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Re: American jobs are getting worse, new economic index shows
« Reply #6 on: December 07, 2019, 03:31:21 PM »
This is a hoot, apparently from someone who hasn't been on the job market in a couple decades. The only education and training anyone wants anymore is experience; otherwise, you are screwed. There's no entry level anymore. I learned that the hard way.

That's where volunteering and completing internships in your desired field of work comes in handy.  I am much older than you but I did go back to school about 6 years ago so that I could change fields.  I volunteered during the time I was in school and that volunteer work helped with the experience aspect and I combined that with my previous skill sets from past employment.

It was tough finding a job because of my age and I didn't want an entry level position, but after 9 months, I finally found employment.  I was elated! 
"I believe in the United States of America as a Government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union one and inseparable; established upon those principles of freedom, equality, justice and humanity for which American patriots sacrificed their lives and fortunes. I therefore believe it is my duty to my country to love it; to support its Constitution; to obey it laws; to respect its flag; and to defend it against all enemies." -William Page

Offline truth_seeker

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Re: American jobs are getting worse, new economic index shows
« Reply #7 on: December 07, 2019, 04:44:50 PM »
This is a hoot, apparently from someone who hasn't been on the job market in a couple decades. The only education and training anyone wants anymore is experience; otherwise, you are screwed. There's no entry level anymore. I learned that the hard way.
1. Move to where there are better job opportunities
2. CChange professions, if necessary
3. Serve in the military.
 @jmyrlefuller

By the time that I was 7 my folks had moved between 4 states 5 times, and changed professions 3 times.

At the time of that 5th moove, they had 3 children. They had both moved away from their own home states.

Another suggestion for people starting out is to join the military, to let them train, educate you and get experience.

My eldest niece served 12 yrs. in the AF as a broadcast- jounalist (incl Afghanistan, Turkey), so when her 2 kids are grown, she has a profession. She will also have VA benefits for more college/training to. Her vet husband too.
« Last Edit: December 07, 2019, 04:51:43 PM by truth_seeker »
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Offline Weird Tolkienish Figure

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Re: American jobs are getting worse, new economic index shows
« Reply #8 on: December 07, 2019, 06:01:00 PM »
Maybe don't spend $20 a day on lattes?

Offline Fishrrman

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Re: American jobs are getting worse, new economic index shows
« Reply #9 on: December 07, 2019, 06:23:39 PM »
j myrle wrote:
"The only education and training anyone wants anymore is experience; otherwise, you are screwed. There's no entry level anymore. I learned that the hard way."

You're in upstate New York.

Head over to Buffalo and see about hiring out on the railroad (Norfolk Southern).
Start as a brakeman/conductor, and move up if you wish, but you'll make a lot of money in train/engine service (but you WILL have to "work for it"). And when they tell you to fill out the application in black ink, DON'T use a blue pen -- they'll toss it out and show you the door. The idea is to see if you can follow the rules.

"Entry level"?
One guy who was an engineer a few years ahead of me... went on to become president of the Metro-North [commuter] railroad in NYC.

Another guy who started as a laborer in New Haven, and worked under me as a fireman, went on to become terminal superintendent at my crew base. He might have even gone higher after I retired.

Offline GtHawk

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Re: American jobs are getting worse, new economic index shows
« Reply #10 on: December 07, 2019, 06:31:30 PM »
This is a hoot, apparently from someone who hasn't been on the job market in a couple decades. The only education and training anyone wants anymore is experience; otherwise, you are screwed. There's no entry level anymore. I learned that the hard way.
Well it's been less than decades since I was in the job market, but I do know from my experience of two years of job searching that experience doesn't matter a damn bit if you happen to be past the employers determined shelf life.

Offline corbe

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Re: American jobs are getting worse, new economic index shows
« Reply #11 on: December 07, 2019, 06:31:48 PM »


   Or Geometry, Trigonometry and Calculus.
No government in the 6,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline Hoodat

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Re: American jobs are getting worse, new economic index shows
« Reply #12 on: December 08, 2019, 01:09:09 PM »
Maybe if you used a little algebra, you would be able to figure out that Social Security is a ponzi scheme headed for collapse.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

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Offline corbe

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Re: American jobs are getting worse, new economic index shows
« Reply #13 on: December 08, 2019, 02:26:27 PM »
   I just started to collect and I'll never live long enough to get back what I put in, oh well, @Hoodat
No government in the 6,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline berdie

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Re: American jobs are getting worse, new economic index shows
« Reply #14 on: December 08, 2019, 05:02:21 PM »
   I just started to collect and I'll never live long enough to get back what I put in, oh well, @Hoodat



Same here, same here @corbe

Offline Hoodat

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Re: American jobs are getting worse, new economic index shows
« Reply #15 on: December 08, 2019, 11:47:04 PM »
   I just started to collect and I'll never live long enough to get back what I put in, oh well, @Hoodat

I am still ten years away.  Yet even at this point, I would forego any 'right' to collect social security if the government would simply give me take the money I would pay in social security taxes for my last working years and invest it instead.  Just on that, I could draw $1.5K a month until age 95.  Social Security is the greatest evil our government has ever perpetrated against us.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

-Dwight Eisenhower-


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