Thursday, August 22, 2013

Hey, job creators! Get to work!


The so-called "job creators" aren't working for Mr. and Mrs. America.

The self-proclaimed "job creators," who have enjoyed a favorable tax climate for several decades, aren't doing much of anything to create jobs for millions of Americans who want to work.

And many of the jobs that are available are low-paying jobs.

Harold Myerson, on WashingtonPost.com, reports that the U.S. has a higher proportion of low-wage jobs than any other industrialized nation:
"Fully 25 percent of the [U.S.] workforce makes less than two-thirds of the nation’s median wage — ahead of Britain (where just 21 percent hold such low-paying jobs), Germany (20 percent) and Japan (15 percent)."





And that's not all. Another WashingtonPost.com piece says that the median hourly wage, adjusted for inflation, was the same last year as it was in 2000—while productivity was up about 27% in the same period.

American workers are increasing their hourly output, but someone else is raking in the resulting profits.







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