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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (176976)12/6/2014 8:47:51 AM
From: tonto2 Recommendations

Recommended By
locogringo
TideGlider

  Read Replies (2) | Respond to of 224757
 
Kenneth, you previously claimed high paying jobs and you respond with. NY Times article stating a pay increase of .4% instead of .2%. That is certainly going in the right direction but does not qualify your post. How is the middle class doing? Are they content, happy and secure? I believe not. My question to you was regarding the middle class. Without that class growing and strengthening our economy will disappoint.



To: Kenneth E. Phillipps who wrote (176976)12/6/2014 9:03:16 PM
From: Jack of All Trades5 Recommendations

Recommended By
chartseer
i-node
locogringo
lorne
TideGlider

  Read Replies (1) | Respond to of 224757
 
Hold On: Jobs Report Wasn't So Great After All
By Jeff Cox

Consider it a brutal lesson in government math.

<snip>
A few figures to consider: That big headline number translated into just 4,000 more working Americans. There were, at the same time, another 115,000 on the unemployment line. That disparity can be explained through an expanding labor force, which grew 119,000, though the participation rate among that group remained at 62.8 percent, which is just off the year's worst level and around a 36-year low.

But wait, there's more: The jobs that were created skewed heavily toward lower quality. Full-time jobs declined by 150,000, while part-time positions increased by 77,000.

<snip>

nbcnews.com