Dec 20 2014

Dollar Store Nation: Largest percentage of Americans on food stamps while stock market disconnects from working class Americans.

While the stock market whipsaws like a rollercoaster, many Americans only see one tiny benefit to their bottom line.  The massive drop in oil prices will add a few extra dollars into the wallets of Americans just in time for the holiday shopping season.  Many will only have the budget to shop at dollar stores […]

Nov 9 2014

Low wage jobs dominate as waiters and bartenders will soon outnumber manufacturing jobs: Latest jobs report highlights continuing trend in low wage employment.

The trend to low wage employment continues as the latest jobs report shows that wages are being eroded by inflation. Of course, the public is told that inflation is muted but simply looking at your paycheck versus housing costs, healthcare costs, and food would tell you a different story.  Americans went to vote with economic […]

Nov 2 2014

The oxymoron of the labor force when labor means not working: 92 million Americans are not in the labor force with 12 million of those being added only in the last 4 years.

This week we will be getting the employment numbers.  The unemployment rate is expected to stay steady or even drop which is comical given that we have 92 million Americans not working today and another 19 million that are fully unemployed.  Those not in the labor force continues to grow beyond the basic changes in […]

Oct 26 2014

Working for peanuts: Half of American workers earn less than $28,031 per year and household income now back to levels last seen two decades ago.

Every fall, two pieces of data are released reflecting the earning potential of American families and workers.  The low wage economy has certainly taken a toll on how much Americans earn.  Social Security data was recently released and shows that 50 percent of the country earns less than $28,031.  This is the per capita wage.  […]

Oct 5 2014

Those not in the labor force but looking for a job now rose last month: The funny numbers behind the unemployment rate.

Those “not in the labor force” Americans continues to expand while the headline unemployment rate continues to decline.  Some pundits will try to argue that this number does not accurately portray those looking for work.  Well how about a category called “not in the labor force, want a job now” for categorizing those looking for […]

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