Monday, September 01, 2008

No Manure, Dick Tracy

Rutgers University explains how lousy it is.
- About 530,000 were subject to mass layoffs in the last year, growth of nearly 5 percent, but a lower rate than five and 10 years ago.

- The median weekly earnings for American workers have not grown in real terms over the last eight years.

- At $6.55, the federal minimum wage is worth 40 cents less per hour, in inflation-adjusted dollars, than it was a decade ago.

- While employer-assisted childcare and employee wellness programs have grown quickly over the last decade, they still cover less than one quarter of American workers.

- Roughly 4 percent of the workforce wants to work full-time, but is working part time because they can't find full-time work.


My emphasis.

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