Posted 1 year ago on Aug. 12, 2012, 5:34 p.m. EST by TitusMoans
from Boulder City, NV
This content is user submitted and not an official statement
An interesting article at this site: http://www.peoplesworld.org/study-good-jobs-in-america-on-the-decline/
Here's just a quotation: "The share of 'good jobs' in the U.S. economy declined from 27.4 percent to 24.6 percent since 1979, a new report by two labor economists says. The drop would have been much larger if the workforce had not become vastly better educated, their study shows."
This is a dismal report for American workers showing that not only real wages have dropped since 1979, but work opportunities at or above the median level with benefits have also dropped. To make matters worse, the nature of provided benefits have also worsened with employees having to pick up more of health-insurance costs and a contribute a larger share to pensions funds of whatever kind.
The economists also made clear that they probably understated the loss available "good" jobs not only because of the poorer benefits, but because education level has increased greatly since 1979, but corresponding jobs for given educational levels have fallen in spite of the increased age of average workers, and a 63% productivity increase for the same period. They attribute part of the overall decline to greater exploitation of American workers by outsourcing, etc, and also the degeneration of American syndicalism. Union membership has sunk to 8% from 23% in 1979. More or less, workers are many times, by opting of union membership and support, cutting their own throats.