Today I heard two differnt economic statistics and was depressed. The first one was a government report that cheerfully indicated that 151,000 jobs had been created last month--a great achievement . . . or is it? Are all jobs the same?
The second economic report indicated that over 200,000 manufacturing jobs had been lost and the number of manufacturing jobs in the US was at its lowest point since 1950. At the same time it was reported that service jobs (food/lodging/tourism) and health care jobs both increased by 300,000.
Then I saw a NBC report concerning Flint with unemployment rate of nearly 15%. One man who was interviewed indicated that he had been unemployed since May, could not find a comparative manufacturing job, and was thinking of changing industries to . . you guessed it health care.
Let's take this one worker and generalize. He was working at a manufacturing job making probably 15 to 20/hr (more likely nearer 20) with solid health benefits and retirement. Now he is thinking of moving to the service industry (health care) in an effort to survive (not unlike millions of others in the same predictament). But more than likely this means taking a job at near 10-12/hr with few benefits. To make up what he had made his spouse must work or he must work two jobs. Whatever occurs, he is much worse off and his standard of living and quality of life has fallen tremendously.
But no worry. According to job numbers, one was lost and one was gain so all okay. The government is happy as unemployment is down and jobs created is up. However, the worker is worse off and is sincere danger of falling further down the economic ladder.
Not all jobs are the same. Perhaps to economists they are but to the ordinary workers who must contend with offshoring and loss of good manufacturing jobs and take much lesser paying service jobs, they are death come early.
Lets have new economic data to reflect the quality of jobs gained and lost. Otherwise the US is in danger of a two class system, the Elite and the serfs.
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