More (Minimum Wage) Jobs [via The Hipcrime Vocab]

Oct 05, 2012 22:45

Friday, October 5, 2012

So the news today is all about how job creation has picked up. In fact I saw two job postings today, one at my local cafe and one outside Toys R'Us. Happy days are here again, right? Jeff Madrick points out the inconvenient truth: all we're creating is bad jobs.
The reason that the economic recovery is coinciding with middle ( Read more... )

societal breakdown, macroeconomics, the |_____ club, global financial trainwreck of 2007-?, 52 week lows, income inequality, wage deflation, poverty, recession 2012, economic collapse, unemployment, austrian economics, creative destruction, 'capitalism', 50 state slump, class war

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Comments 2

cieldumort October 6 2012, 06:57:15 UTC
Humans vs. Droids

Droids 10,000
Humans 0

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peristaltor October 6 2012, 16:50:08 UTC
The weird thing is that one can survive on a part-time job. The key: finding a good part-time job.

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