Tag Archive: jobs

Rutgers study says workers falling farther behind

As we honor the working men and women this Labor Day, a new study confirms that they are struggling in the current economy:

In its first national labor scorecard, the Rutgers School of Management and Labor Relations said more than 10 percent of Americans are unemployed, discouraged from seeking work or underemployed. That is a nearly 25-percent increase from one year earlier.

Here are some more statistics on the state of our workforce:

— About 530,000 were subject to mass layoffs in the last year, growth of nearly 5 percent, but a lower rate than five and 10 years ago.

— The median weekly earnings for American workers have not grown in real terms over the last eight years.

— At $6.55, the federal minimum wage is worth 40 cents less per hour, in inflation-adjusted dollars, than it was a decade ago.

— While employer-assisted childcare and employee wellness programs have grown quickly over the last decade, they still cover less than one quarter of American workers.

— Roughly 4 percent of the workforce wants to work full-time, but is working part time because they can’t find full-time work.

You can view the whole study and the press release from Rutgers.  Just a few more facts that fly in the face of the “economy is basically strong argument” being made by George Bush, John McCain and Chris Myers. At what point do they have to acknowledge reality, if ever?

NJ-04: The Bush-Smith Economy

American families are hurting because our economy is hurting. Just in the past six months, we’ve seen almost half a million American jobs disappear. To take a longer view, George W. Bush’s administration has seen the weakest job growth, less than half of one percent per year, of any President since Herbert Hoover. The Bush-Smith record on jobs is abysmal. By contrast, under Bill Clinton jobs grew at five times that rate (2.5% average growth per year). And no one can accuse Chris Smith of having supported Bill Clinton.

Job losses are one problem, and inflation is another. During the past twelve months, wages have risen by 2.8%. While that sounds good, inflation has jumped 4%, which means that the average person who has actually had a job has had his or her salary cut by more than 1% over the past year. It’s worth mentioning that the average American family’s annual household income is actually lower now by about $1000 compared to when George Bush took office seven years ago, while health insurance premiums have doubled (from $6000 to $12,000 per year) and, as we all know, the price of a gallon of gas has tripled. American families are losing ground. We need to do something, and we need to do it now.

More after the jump.  

Talking Points Memo hiring

This job at TPM may be of interest to our readers…

TPM Media is announcing a job opening for a news editor working in our New York City office. The news editor has primary responsibility for running and updating the news section on the front page of Talking Points Memo (TPM), working closely with the site’s managing editor. Key responsibilities include staying on top of breaking news, finding current news items, working with our reporters to find which TPM stories to feature, writing headlines and story descriptions, as well as selecting news photos and video to complement our front page news coverage. Applicants must be inveterate news and politics junkies and be able to work in a fast paced news environment every day. Their job is to make sure our front page is always on top of everything and putting everything in front of our readers’ eyes from a witty, TPM perspective.

If you’re interested please send a resume, two clips and a letter describing your interest and qualifications for the job to talk (at) talkingpointsmemo.com with the subject line “TPM News Editor Job”.

This is a full-time, entry-level position, with health care. Salary is negotiable.

 

Corzine gets it right on H-1b letter

As a slap in the face to American high technology professionals, 13 governors sent a letter to the leaders of Congress asking them to raise the cap on H1-b visas in high technology.  Corzine got it right.  He was not among the signers, who, in the East Coast, included the governors of NY and MA.  It would be good to call Corzine’s office and express support for his refusal to participate in this latest attempt to sabotage the employment security of American workers in the computer industry.  It is sad to say that two female governors, Gregoire and Napolitano, undermined the career development of American women in science by signing on to this.  Richardson, like Corzine, got it right and was not among those signing the letter.  Scwargenegger, the most incompetent governor, on the other hand, was one of those with cotton in his ears.

It’s the J.O.B.S. ….

NJ-based Vonage has lost a lawsuit filed against it by Verizon.  In addition, it has had operating losses.  A large number of layoffs can be expected.  In addition, Lucent/Alcatel is laying off 12,000, there are layoffs from SBC/AT&T, and a branch of Honeywell in NJ is closing and letting go more than 500 workers.  Will NJ have 15,000 layoffs just from the telecom / electronics sector by the end of 3Q07? 

NJDF :: buy blue, get a new job, and a post-mortem on the post-mortem

Dear Members of the NJDF Network,

Just a short message today, with a few reminders and opportunities:

1.  We thank all of the more than 40 people who joined us in New Brunswick last week for NJDF‘s election forum.  Congressman Rush Holt, state party counsel Bill Northgrave, scholar Ingrid Reed of the Eagleton Institute, and County Clerks Karen Brown and Javier Inclan each contributed unique and interesting insights.  From electronic voting machines to old-fashioned Republican shenanigans to the challenges that come with New Jersey’s decentralized election system, we all learned a great deal — and realized that even a full-day program wouldn’t have plumbed the depths of our panelists’ knowledge.  These are essential issues in a democracy, and NJDF will give you more chances to talk about them in the new year.