Rutgers University explains how lousy it is.
My emphasis.- 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.