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To: Sun
Looking elsewhere in the September report, the unemployment rate ticked higher, to 4.70% from 4.64%, while the household employment measure surged 463,000, following the 316,000 drop in August that appeared troublesome at the time. The average work week held at a solid 33.8 hours. Average hourly earnings increased a hefty 0.4% (median 0.3%), which left year-over-year earnings growth at 4.3%. This matches the cyclical high set in April, 2006.

Jobs: A September Shocker

558 posted on 10/06/2007 6:56:15 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

My husband is underemployed, has a Master’s degree, but does warehouse work, because that’s all he can find. But that’s OK, he doesn’t mind it, and lost weight and his blood pressure went down.

However, so many of the workers there need 2nd jobs, because they can’t afford to make ends meet with the salary they receive.

I worked for a newspaper, and my wages were very low, and my very intelligent co-worker had to live in a cheap apartment, because that’s all she could afford.

Many people don’t seem to getting paid what their worth anymore. I believe some of the reasons are because we are competing with low foreign-country wages.

Some people are driving an hour and a half to work one-way, because there are no more jobs near where they live.


559 posted on 10/06/2007 8:01:58 AM PDT by Sun (Duncan Hunter: pro-God/life/borders, understands Red China threat, NRA A+rating! www.gohunter08.com)
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