Politics,Economics and The Struggle To Survive In America

Subtitle

News

Report: Nearly half of American workers have low-wage jobs

Posted by Jerrald J President on December 6, 2019 at 9:40 AM

https://www.knoe.com/content/news/Report-Nearly-half-of-American-workers-have-low-wage-jobs-565741211.html

Http://www.jerraldpresident.info//

  44% of American workers are employed in low-wage jobs that pay median annual wages of $18,000. Men Lie, Women Lie Numbers Don't! By JJP

 

Report: Nearly half of American workers have low-wage jobs

By Matthew Segura | Posted: Tue 12:41 PM, Dec 03, 2019 | Updated: Tue 12:58 PM, Dec 03, 2019

MONROE, La. (KNOE) - A new report indicates that nearly half the working American population has a problem.

 

According to a Brookings Institution analysis, unemployment may be down, but there aren't enough good jobs to go around.

 

They say 44% of American workers are employed in low-wage jobs that pay median annual wages of $18,000.

 

The report says their median hourly wages are $10.22. That's higher than the federal minimum wage which sits at $7.25. The minimum wage in Louisiana is also $7.25.

 

That's nearly half of the American workforce who don't make what's considered a living wage. According to MIT, a living wage for a single person in Louisiana is $11.28. The poverty wage for a single adult with two children is $9.99.

 

This isn't just a problem for workers who are young or inexperienced, according to the report. The low-wage workforce is primarily made up of post-college age adults and older Americans.

 

 

56% of them are ages 25-50. 19% of them are ages 51-65.

 

23% of low-wage workers have an associate's degree or more. Add in the number of workers who are in school or have some college education and that number jumps to 48%.

 

Job Quality Index data appears to back up the analysis. It assesses job quality in the United States and measures the "direction and degree of change in high-to-low job composition."

 

While the JQI chart shows increases and declines in job quality since its inception in 1990, the trend has generally been a downward one. According to the index, job quality has declined by 14.3% since 1990. The index most recently began to trend upward in 2012 but started to drop again in 2017. You can see it here.

 

Most workers appear to feel it. A CBS report in October said 6 in 10 workers rate their job quality as "mediocre to bad."


Categories: None

Post a Comment

Oops!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

You must be a member to comment on this page. Sign In or Register

0 Comments