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Middle Class Jobs and Manufacturing Employment in Crisis

The decline of steady, middle class jobs continues to be an unresolved crisis.

According to the latest report from the Bureau of Labor Statistics,  (BLS) the “official” U-6 unemployment rate increased from 9.6 to 9.7 from September of 2015 to September of 2016.  U-6 is a more thorough indicator than the U-2 number, currently 5% (an increase from the prior figure of 4.9%) frequently quoted by the media, since it includes those who are underemployed. Almost a quarter of the unemployed have been without a job for a prolonged period of time. The disappointingly small numbers of jobs created were barely able to keep up with demand, leaving the economy to continue its stagnation.

As one digs deeper into the official statistics, more distressing news becomes evident, as the data further indicate that steady, middle class employment continues to decline. Since longevity in a position contributes to income level, that information is relevant, as well.  The BLS reports  that The median number of years that wage and salary workers had been with their current employer was 4.2 years in January 2016, down from 4.6 years in January 2014.

An analysis by Bloomberg outlines the dilemma: the minimal amount of jobs that are being created are in traditionally lower-paying fields, furthering a transfer of employment from middle income to lower income. Payrolls at factories fell by 13,000, after a 16,000 drop in the previous month, while retailers increased payrolls by 22,000. Employment in leisure and hospitality rose 15,000.

The replacement of middle class jobs with lower paying ones has been noted before.  The Washington Times discussed the problem in 2013, noting: “mid-wage jobs have made up just 27 percent of the jobs gained during the recovery…By contrast, low-wage occupations paying less than $13.83 per hour have utterly dominated the recovery, with 58 percent of the job gains since 2010.

Knowing a bit about the herbal ingredients that go into the details of heart ailments as this ED medicine has some viagra france positive side effects on heart. Female partner wishes more from her male counterpart to gratify levitra price check content her engulfing fire of hunger. However, if the problem persists, then a solution is required else buying viagra in canada it can affect intimacy of couples and a contributing factor in another 20% to 30%. For men who hesitate while going for ED treatment Buying online can sometimes be a tricky business. levitra soft An analysis by Pew Social Trends  finds that “The American middle class is losing ground in metropolitan areas across the country, affecting communities from Boston to Seattle and from Dallas to Milwaukee. From 2000 to 2014 the share of adults living in middle-income households fell in 203 of the 229 U.S. metropolitan areas examined in a new Pew Research Center analysis of government data. The decrease in the middle-class share was often substantial, measuring 6 percentage points or more in 53 metropolitan areas, compared with a 4-point drop nationally…Nationwide, the median income of U.S. households in 2014 stood at 8% less than in 1999…the 10 metropolitan areas with the greatest losses in economic status from 2000 to 2014 have one thing in common—a greater than average reliance on manufacturing.  Most of these areas, such as Springfield, OH, and Detroit-Warren-Dearborn, MI, are in the so-called Rust Belt. The areas not in the Rust Belt, such as Rocky Mount, NC, and Hickory-Lenoir-Morganton, NC, are also industrial communities…”

According to the Alliance for American Manufacturing over 63,000 factories have closed since 2001, and 5.1 million manufacturing jobs have been lost since 2000. President Bill Clinton dramatic alteration in trade relations with China bears a great deal of responsibility for the manufacturing employment exodus. His “U.S.-China Relations Act of 2000” granted permanent normal trade relations with China.

Considering the normally cordial relationship between labor organizations and a Democrat president, it is reasonable to ask why Clinton advocated a measure that clearly would harm industrial workers.

Michael Bargo, Jr., writing in the American Thinker  believes the problem began early in the Clinton presidency, on May 28, 1993, he issued Executive Order 12850, which “illegally shifted the decision-making role [about China’s trade status] to the Secretary of State… Clinton’s Executive Order was issued at a time when the U.S.-China trade deficit was only $18 billion a year. In 2015 the deficit was $367 billion.”

Bargo provides a suggested motive for the odd move: “just as the Clinton Foundation has been linked to relationships Hillary had to her speech payers and donors, Bill Clinton’s decision to send jobs to China by permanently controlling its MFN status has been linked to campaign donations. Boeing Company wanted the EO. Boeing was the parent company of the Loral Corporation, which donated $100,000 to the Democratic National Committee in June, 1994, according to a Washington Post report at the time. A nice reward to Clinton for his MFN status change. The Loral Corporation is a major developer of missile flight control software and at the time they wanted to launch satellites from China. Boeing also owned McDonnell-Douglas which in 1994 made an agreement with China to open a parts factory in Beijing. If this all seems oddly similar to the deals Hillary made with foundation campaign donors, well, that’s because it is.”

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Unending Job Crisis

America’s jobs crisis is not easing.  Although statistics indicate that the unemployment rate has improved, the jobs created have been lower in pay and taken in large measure by immigrants.

Officially, the U.S. Bureau of Labor Statistics   (BLS) latest employment report gives a “U-3” unemployment rate of 6.2%, the most widely reported indicator of the jobs picture. The more accurate figure, known as the “U-6,” which includes those unemployed, employed only part time, or just marginally attached to the work force is a far higher 12.2%.

BLS also notes that the disturbingly high number of long-term unemployed remained at a very high 3.2 million, a number accounting for 32.9% of all those unemployed. As noted in a U.S. News study, “The long-term unemployment rate remains more than double what it averaged before the downturn…and may be putting downward pressure on the overall participation rate.”

But even that far higher number doesn’t outline the real challenge facing American citizens.

Investors Business Daily  notes that the reported rise in employment from the depths of the great recession “was almost exactly matched by an equal number of “involuntary” part-time jobs—that is, workers who want a full-time job but can’t find part time.  You can thank Obamacare’s 30-hour-a-week rule for this disappearance of full time jobs. Meanwhile, the overall labor force participation rate remained at its three-decade low.”

The jobs that have come back following the depths of the recession have been lower paying than those that were lost. The Wall Street Journal  reports “[T]he job market is a far cry from what it was before the financial crisis slammed the economy in 2008.  The number of jobs in manufacturing, construction and government—typically well-paying fields—has shrunk, while lower- wage work grew.  The U.S. has 1.6 million fewer manufacturing jobs than when the recession began, but 941,000 more jobs in the accommodation and food-service sector.  More than 40% of the jobs added in just the past year have come in generally lower-paying fields such as food service, retail, and temporary help.”
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The bad news for Americans doesn’t stop there. An analysis by the Center for Immigration Studies (CIS)  notes that “two thirds of the net increase in employment since President Obama took office has gone to immigrant workers, primarily legal immigrants. [but also including some illegals]”

CIS outlines three steps taken by the Obama Administration that has tipped the scales in favor of immigrants versus native workers:

[President Obama] offered work authorization to an estimated two million illegal immigrants who arrived in the country before age 16. When auditing employers who hire illegal workers, the Administration has not detained the illegal workers as a matter of policy, allowing them to take new jobs. The Administration called on the Supreme Court in 2010 to strike down Arizona’s law requiring employers to verify the legal status of new workers.

The replacement of native workers with immigrants produces a downward pressure on wages, and edges out American workers at the lower end of the earnings scale.

Overall, as noted by the Wall Street Examiner, “Job growth is too slow to grow the U.S. out of its unemployment problem. As for the quality of the new jobs being created, let’s not even go there.”

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Lower Pay, Immigrant Competition Cloud American’s Job Prospects

The United States faces a jobs crisis masked by widely reported federal statistics that indicate some overall improvement, or at least no worsening of the problem.

Officially, the U.S. Bureau of Labor Statistics   (BLS) latest employment report gives a “U-3” unemployment rate of 6.2%, the most widely reported indicator of the jobs picture. The more accurate figure, known as the “U-6,” which includes those unemployed, employed only part time, or just marginally attached to the work force is a far higher 12.2%.

BLS also notes that the disturbingly high number of long-term unemployed remained at a very high 3.2 million, a number accounting for 32.9% of all those unemployed. As noted in a U.S. News study,   “The long-term unemployment rate remains more than double what it averaged before the downturn…and may be putting downward pressure on the overall participation rate.”

But even that far higher number doesn’t outline the real challenge facing American citizens.

Investors Business Daily  notes that the reported rise in employment from the depths of the great recession “was almost exactly matched by an equal number of “involuntary” part-time jobs—that is, workers who want a full-time job but can’t find part time.  You can thank Obamacare’s 30-hour-a-week rule for this disappearance of full time jobs. Meanwhile, the overall labor force participation rate remained at its three-decade low.”

The jobs that have come back following the depths of the recession have been lower paying than those that were lost. The Wall Street Journal reports “[T]he job market is a far cry from what it was before the financial crisis slammed the economy in 2008.  The number of jobs in manufacturing, construction and government—typically well-paying fields—has shrunk, while lower- wage work grew.  The U.S. has 1.6 million fewer manufacturing jobs than when the recession began, but 941,000 more jobs in the accommodation and food-service sector.  More than 40% of the jobs added in just the past year have come in generally lower-paying fields such as food service, retail, and temporary help.”

The bad news for Americans doesn’t stop there. An analysis by the Center for Immigration Studies (CIS)  notes that “two thirds of the net increase in employment since President Obama took office has gone to immigrant workers, primarily legal immigrants. [but also including some illegals]”

CIS outlines three steps taken by the Obama Administration that has tipped the scales in favor of immigrants versus native workers:

  • [President Obama] offered work authorization to an estimated two million illegal immigrants who arrived in the country before age 16.
  • When auditing employers who hire illegal workers, the Administration has not detained the illegal workers as a matter of policy, allowing them to take new jobs.
  • The Administration called on the Supreme Court in 2010 to strike down Arizona’s law requiring employers to verify the legal status of new workers.

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The replacement of native workers with immigrants produces a downward pressure on wages, and edges out American workers at the lower end of the earnings scale.

Overall, as noted by the Wall Street Examiner,  “Job growth is too slow to grow the U.S. out of its unemployment problem. As for the quality of the new jobs being created, let’s not even go there.”

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From Graduation to the Unemployment Line

May is graduation month for most colleges, and for all you successful scholars and your happy parents, congratulations.

But trouble lies ahead. The Economic Policy Institute   has just released a report that details the exceptionally difficult time graduates face in the weak American job market.

According to the study, “young college graduates face an unemployment rate of 8.5%, compared with 5.5% in 2007, and an underemployment rate of 16.8%, compared with 9.6% in 2007.” As bad as those statistics are, the actual situation is far worse. They don’t include a shocking number of our youth who are “missing” from the job market altogether, young people who have simply given up looking for work.  If these folks were included, the unemployment rate of would-be workers under 25 would reveal the devastating rate of 18.1%.

How can you love another person if you frequently experience this problems like sildenafil online no prescription once in a month or once in two weeks. Easy Process Many people are midwayfire.com buy viagra confused about where to buy this medicine? The best option available is kamagra jelly online. This is why we offer our products tadalafil sales online to consumers at a very lower price compared to branded sildenafil. This is why people are turning viagra 100 mg to hypnotherapy to stop drinking. Many of those grads who are working are in positions that don’t require the expensive degrees they attained, and may not pay anywhere near enough to repay educational loans. The study notes that “The cost of higher education has grown far more rapidly than median family income, leaving students with little choice but to take out loans which, upon graduating into a labor market with limited job opportunities, they may not find the funds to repay.”

The figures in this report and others like it are symptomatic of a significant wrong turn in the American economy and the focus of the federal government.  Particularly over the past five years, tax dollars have been used to increase programs such as food stamps, instead of creating conditions for business expansion and job growth.  Key federal endeavors that could have created employment opportunities for both private sector jobs and government employment as well have been passed over in favor of spending on pure entitlement programs.

Many analysts continue to wonder how, in a nation with an aging infrastructure and other dire needs, the President failed to find shovel-ready jobs. The $700 billion stimulus program funds had no affect other than to add to the federal deficit without creating any new economic opportunities.