Where Have All The Good Jobs Gone?Robert Kuttner
As Labor Day approaches, the economy is generating jobs--4 million since President Clinton was elected--but too few good ones. If anything, the trends of the 1980s have intensified: astronomical earnings gains for the economy's superstars. In the middle: relentless downsizing, with new pressures on once-secure professionals as well as depletion of solid blue-collar jobs. At the bottom: growing part-time and temporary hires, low-wage jobs in services, especially retailing, and dismal starting wages.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- The Questionable Math Behind Manafort’s Extravagant Home Renovations