working on my 2011 New Year Editorial...employment and poverty

[w8liftinglady]

some interesting resources-bear in mind-from 2004!

http://www.workplacefairness.org/sc/jobs.php

By 2015, an estimated 3.3 million service jobs will be lost to offshoring or technology.
Forester Research, from Leslie Geary, Vanishing Jobs, CNN/Money, January 9, 2004 (http://money.cnn.com/2003/12/17/pf/q_nomorework/).

A generation ago, CEOs made 40 times more than workers; today they make 400 times more.
Kevin J. Murphy of USC's Marshall School of Business, from Rise of the Corporate Plutocrats, Los Angeles Times, October 17, 2004.

Over 25% of working families are officially low-income; over 25% of those are officially in poverty.
Annie E. Casey Foundation, Working Hard, Falling Short: America's Working Families and the Pursuit of Economic Security, October 2004

It takes an unemployed worker 20 weeks to find a job, up 50% since the 1970s.
Peter J. Gosselin, If America Is Richer, Why Are Its Families So Much Less Secure?, Los Angeles Times, October 10, 2004 (http://www.latimes.com/business/la-fi-riskshift3oct10,1,4792299.story?coll=la-util-nationworld-nation).

Jobs created in the next two years will pay an average of $36,000; jobs lost in the last three years paid $43,000.
U.S. Conference of Mayors, Metro Economies Report: Economy Surges, But With Lower Paying Jobs, November 10, 2003 (http://www.usmayors.org/uscm/news/publications/metroecon1103.pdf).

[w8liftinglady]

1. unemployment of college grads exceeds that of high school dropouts

http://www.epi.org/economic_snapshots/entry/webfeatures_snapshots_archive_03172004/

Unemployment level of college grads surpasses that of high-school dropouts
The recent job market has been particularly tough for those workers with college degrees. In fact, as Figure 1 reveals, the number of unemployed college graduates surpassed that of high-school dropouts a few months ago (all data are for persons 25 years and older). From its low point of about 600,000 at the end of 2000, the number of unemployed college grads doubled across the recession of 2001 and the weak jobs recovery that followed. Unemployment also rose, of course, among those adults with less than a high-school degree, but by a far smaller percentage (about 60%).

[w8liftinglady]

2. The Bush Administration record

http://www.aflcio.org/issues/jobseconomy/exportingamerica/upload/bushrecord_jobsoverseas.pdf

“When a good or service is produced at lower
cost in another country, it makes sense to import
it rather than to produce it domestically.”
—Economic Report of the President, p. 25,
February 2004

[malaise]

3. Keep up your good work for another year sister

All the best for 2011 :toast:

[w8liftinglady]

4. Same to you,my friend.I still plan Jamaican retreat!