Fast food American economy: Professor states that low pay jobs part of future. College degree required for McDonald’s job.

It was interesting to hear a Columbia Professor mention that fast food jobs should not be considered as the bottom of the rung of jobs.  These lower paid service sector jobs are actually part of the norm and will be growing.  As the US economy begins to get more and more bifurcated we can expect to see some major extremes.  Recently fast food workers went on strike yet the media [...]

More Americans Added to Food Stamps — Than Find Jobs

An alarming data point from the minority side of the Senate Budget Committee: More Americans are being added to food stamps than are finding jobs. The data is detailed in this chart, provided by the committee:

As the chart shows, between April-June 2012 (the most recent three month block for which government data is available), only 200,000 jobs have been created while 265,000 individuals have been added to the food stamp rolls. Additionally, [...]

Jobs are CONSTANTLY going away just because of technology

1978 – Data entry clerks, keypunch operators – all on line now
1978 – Telephone operators – yeah, right
1978 – All manual keying at cash registers, employees doing price marks around stores – scanners/bar codes
1978 – Secretaries for all departments, additional for executives – all have pc’s
1978 – Copy clerks – mostly pdf today
1978 – All clothing hung on hangers in stores – comes in on hanger
1978 – Vast majority of [...]