The Coming Job Bottleneck
Amid the crank and whir of Cummins Engine Co.'s diesel factory in Columbus, Ind., hundreds of middle-aged men huddle around high-tech, computerized machinery. They make good money, about $18 an hour, and are in no rush to retire. "You can't depend on the federal government" to support older people, says worker and union official Conrad Bowling, 46. Meanwhile, the few younger men on the floor are temps, most of them stuck in low-skill jobs that pay, at most, $8 an hour.
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’
- Getting a Dog May Save Your Life, Especially If You’re Single
- The Questionable Math Behind Manafort’s Extravagant Home Renovations
- World’s Biggest Wealth Fund Wants Out of Oil and Gas