The American economy has slowly compressed the middle class into a minority group. When the manufacturing sector slowly eroded away, waiting in the wings to replace those higher paying jobs was low wage service sector employment. Now as it turns out the top 10 largest occupations in the United States are occupied by low wage […]
Americans now spend more on drinking and eating establishments than they do at grocery stores. Over 17 million kids went to college to be waiters or flight attendants.
There are many reasons why so many people now work in the low wage sectors of America. As it turns out, the eating habits of Americans have changed dramatically. Only in the last couple of years have Americans spent more on eating out than they do on actual groceries. Too bad the median annual pay […]
Importing lower wages as 75% of Silicon Valley’s tech workers are foreign-born: How tech manipulates the H-1B visa program for cheap labor.
We tend to believe that the tech industry operates in a very progressive atmosphere as far as how they vote. This might be the case for workers but for owners, they are ultra-bottom line and this is seen in the way they hire lower wage workers. We tend to get things mixed up in regards […]
Low wage recovery highlighted by 7 out of 10 jobs added in January coming from minimum wage waiters and temporary retail workers.
The unemployment rate fell below the 5 percent mark for the first time since the Great Recession wrecked havoc on the economy. This is good news right? Well the stock market didn’t think so for a couple of reasons. First, this adds more fuel to pushing interest rates higher (a big expense on the $19 […]
Top 4 employment sectors in the United States pay $10 an hour or less: The uneven recovery being led by low wage labor.
It is hard to believe but we are now “officially” six years into this recovery. For most Americans, it doesn’t feel anything like a recovery and that label appears to be a misnomer. Americans need only look at their paychecks and the cost of living to realize that yes, things are getting tougher. There appears […]
The working class Hunger Games: Reality TV show now pits working class against working class family for the chance to earn $101,000.
Reality TV has a nice connection to our growing low wage economy. Reality TV is easy to make, costs relatively little, and can be flushed away if it fails. If a hit occurs, the big profits are frontloaded to the network while “stars” can make money after the cream has been taken away. There is […]
The low wage employment tsunami: Low wage jobs now make up 25 percent of all employment in the United States.
The employment report continues to provide deceptive bread and circus fodder for the mainstream press. Never is any thorough analysis given to the 93+ million Americans that are now part of the “not in the labor force” category. In large part, we have a low unemployment rate because this massive army of Americans is simply […]