Search
Latest topics
Useful Links
- American 99ers Union
- Unemployed Friends 2.0
- Extend Unemployment Benefits
- Help the 99ers on blogspot
- Layoff List
- Now Jobless/Next Homelss
- Philadelphia Unemployment Project
- Reach Out Job Search
Tier 5 to Survive Unemployment Unite- Unemployed but Organized for the 21st Century
- Unemployed Workers Action Group
Union of Unemployed- http://helpthe99ers.com/
- www.NELP.org
Who is online?
In total there are 3 users online :: 0 Registered, 0 Hidden and 3 Guests None
Most users ever online was 288 on Sun Jul 04, 2021 4:30 pm
SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
2 posters
SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
Front Page Huff Post.... 3 page article wow
http://www.huffingtonpost.com/2011/04/19/trading-down-long-term-unemployed_n_850220.html
http://www.huffingtonpost.com/2011/04/19/trading-down-long-term-unemployed_n_850220.html
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
The country we once knew is gone.
Guest- Guest
Re: SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
""When you have a large number of job seekers, then employers are free
to bid down and lower wages because there are plenty of workers to go
around," said Carl E. Van Horn, a labor economist at Rutgers University
who studies the effects of long-term unemployment and trading down in
the workplace. "This is all worrisome. It impacts communities, families,
public expenditure."
"But a unique feature of this recession and recovery, as the NELP
report highlights, has been the disparity between the wage level of jobs
created versus jobs lost. ""The growth after the 2001 recession, as the
report notes, was both faster -- the first year of recovery created half
the number of jobs lost in that recession -- and more evenly
distributed among low- and high-wage industries."
to bid down and lower wages because there are plenty of workers to go
around," said Carl E. Van Horn, a labor economist at Rutgers University
who studies the effects of long-term unemployment and trading down in
the workplace. "This is all worrisome. It impacts communities, families,
public expenditure."
"But a unique feature of this recession and recovery, as the NELP
report highlights, has been the disparity between the wage level of jobs
created versus jobs lost. ""The growth after the 2001 recession, as the
report notes, was both faster -- the first year of recovery created half
the number of jobs lost in that recession -- and more evenly
distributed among low- and high-wage industries."
Guest- Guest
Re: SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
Annette Bernhardt, one of the authors of the NELP report and the
group's policy co-director, stressed that it's too early in the recovery
to make broad pronouncements about long-term changes in the growth of
the kind of lower-wage jobs that keep Knudsen and others living paycheck
to paycheck. She said that growing number of workers will likely need a
stronger regulatory hand, however, to guard against minimum-wage
violations, the refusal of contractually-obligated overtime pay and
other employment offenses commonly referred to as "wage theft."
"For workers right now trying to navigate the labor market, their job
opportunities have deteriorated relative to before the recession,"
Bernhardt said. "Given the numbers of workers that are faced with having
to take low-wage jobs, I think there's clearly an argument over the
coming years to focus on strengthening the wage floor by increasing the
minimum wage and fighting the problem of wage theft."
group's policy co-director, stressed that it's too early in the recovery
to make broad pronouncements about long-term changes in the growth of
the kind of lower-wage jobs that keep Knudsen and others living paycheck
to paycheck. She said that growing number of workers will likely need a
stronger regulatory hand, however, to guard against minimum-wage
violations, the refusal of contractually-obligated overtime pay and
other employment offenses commonly referred to as "wage theft."
"For workers right now trying to navigate the labor market, their job
opportunities have deteriorated relative to before the recession,"
Bernhardt said. "Given the numbers of workers that are faced with having
to take low-wage jobs, I think there's clearly an argument over the
coming years to focus on strengthening the wage floor by increasing the
minimum wage and fighting the problem of wage theft."
Guest- Guest
Re: SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
"When it comes to wages, the basic story of recent decades is redolent of Scrooge," Princeton economist Alan Blinder wrote in a December editorial for the Wall Street Journal.
"Real average hourly earnings (excluding fringe benefits) now stand
roughly at 1974 levels. Yes, that's right, no real increase in over 35
years. That is an astounding, dismaying and profoundly ahistorical
development."
"Real average hourly earnings (excluding fringe benefits) now stand
roughly at 1974 levels. Yes, that's right, no real increase in over 35
years. That is an astounding, dismaying and profoundly ahistorical
development."
Guest- Guest
Re: SLIDING DOWN THE LADDER:Trading Down: Laid-Off Americans Increasingly Taking Pay Cuts - And Kissing Their Old Lives Goodbye
Not a bad article, left it a Facebook comment.
Sovereign- Premium Poster
- Posts : 410
Join date : 2011-02-13
Age : 56
Location : Homeless on a boat
Job/hobbies : Ne'er-do-well
Similar topics
» Trading Down: Taking A Pay Cut After A Layoff -- HuffPost Readers' Stories
» 9 Million Laid-Off Americans Lost Health Insurance In Last Two Years: Study
» Poll shows Americans oppose entitlement cuts...
» Deep Proposed Budget Cuts Would Weaken Programs Targeted to Low-Income Older Americans
» Obama cuts $800million in aid to Pakistan after terror ally expels U.S. military trainers and limits visa handouts for Americans (Why can't this money be given to the unemployed in AMERICA)
» 9 Million Laid-Off Americans Lost Health Insurance In Last Two Years: Study
» Poll shows Americans oppose entitlement cuts...
» Deep Proposed Budget Cuts Would Weaken Programs Targeted to Low-Income Older Americans
» Obama cuts $800million in aid to Pakistan after terror ally expels U.S. military trainers and limits visa handouts for Americans (Why can't this money be given to the unemployed in AMERICA)
Permissions in this forum:
You cannot reply to topics in this forum
|
|
Sun Sep 13, 2015 1:54 am by Jessica
» Cyber beggar list......it's ok to me
Wed Sep 10, 2014 10:22 pm by pbrad009
» Help with medical bills - Free Health Care, Free Prescription drugs, Hospital bill help, etc
Mon Sep 08, 2014 11:02 pm by pbrad009
» There are Care Packages for College Students, Veterans overseas and Far Away Friends & Loved Ones. So why not Care Packages for the 99ers ?
Mon Sep 08, 2014 11:48 am by pbrad009
» Ways I've Found to Earn Some Income While Still Unemployed
Sat Sep 08, 2012 7:56 pm by Jane0218
» Ramen Noodle Nation--found this blog, two people tell it like it is...
Sun Feb 26, 2012 6:17 pm by springflowers
» Democrats Defend Cutting Unemployment Benefits
Fri Jan 13, 2012 3:27 pm by requete'
» EB will end for on January 28, 2012 for DC, FL, GA, NC, NJ, NM, OH, and PA
Fri Jan 13, 2012 2:58 pm by requete'
» Herman Cain Opposes Extending Unemployment Benefits: 'Where Do We Stop?'
Wed Dec 21, 2011 3:15 pm by DISPLACED DRIFTER
» Most of the unemployed no longer receive benefits
Mon Nov 28, 2011 2:50 pm by requete'
» Michigan Unemployed may lose Extended Benefits
Sat Nov 12, 2011 4:37 pm by requete'
» Obama To Announce Iraq Troop Withdrawal By End Of The Year
Sat Nov 12, 2011 1:17 pm by requete'