Jim Devine wrote:
you can see from the above that the unemployment rate jumped the
most for the least elite segments of the labor force, i.e., those
who are typically paid less (and have less job security). That fits
with what I said.
Over the last 6 months, the ranks of the unemployed in
Doug writes:
Over the last 6 months, the ranks of the unemployed in the U.S. have grown
by about 1 million - next to 134 million employed (according to the
household survey). Retail employment has grown, as has service employment
in general (according to the establishment survey), and they're
[was: Re: [PEN-L:16851] Re: Re: Re: Re: re: Welfare can't be abolished
until unemployment is abolished]
I wrote:real wages also increase when low-wage workers are the first to
be fired.
Doug asks:Do we know that's actually happening? Manufacturing workers are
losing jobs most rapidly of