Thursday, May 23, 2013

Imported From Detroit

Imported From Detroit | Jacobin
But for the rest of the country, the situation is pretty dismal. Official unemployment hovers around 8 percent, but if you count the people who are forced to work part-time, or who have been dropped from the rolls because they’ve been looking for a job for a month or longer, the numbers jump to anywhere from 15 to 23 percent of the population.
The Great Recession also exacerbated underlying trends in the job market that don’t bode well for the resumption of demand in the long-term. During the downturn, 78.7 percent of the jobs lost were either mid-wage or high-wage jobs like paralegals, carpenters, nurses, and accountants. According to the Bureau of Labor Statistics, three out of five newly created jobs are part-time, low-wage jobs with little opportunity for advancement. Many companies looking to maximize profits and efficiency are using sophisticated workflow software to avoid overstaffing, forcing workers to clock two- to four-hour shifts that change day to day and week to week.

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