On Thu, 29 Aug 2013 06:59:21 -0700 (PDT), jon_banquer
wrote:

"Nearly two-thirds of all the new jobs created since 2009 pay less than $13.80 an hour."

http://www.youtube.com/watch?v=HEj-S...ature=youtu.be

========================

If you have been following this thread, the following should
be of interest:

http://www.economicpopulist.org/cont...ors_picks=true
snip
Corporate profits per unit also set a record. That's not
due to increased prices and because this is profits per
unit, it's not an increase in sales volume. Nope,
corporations are making out like bandits because they are
squeezing workers and also cashing in on very low interest
rates.
snip

http://www.pbs.org/newshour/business...destiny-w.html
snip
The recent release of a new economic mobility study that
was featured on PBS NewsHour brings much-needed evidence on
the difficulty of getting ahead in the United States.

The study is important not just because it suggests how
limited opportunities for mobility are in the United States.
What's new is the finding that the neighborhoods in which
children grow up affect their opportunities for mobility.
The study suggests that poor children who grow up in
communities like Detroit that don't provide income
supplements for poor working families are less likely to
escape poverty than those who grow up in places like San
Jose in which relatively generous supplements are provided.
It's difficult to get ahead, in other words, if one is so
unlucky as to be born into an ungenerous community.
snip