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rdean
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Economy has recovered 8.7 million jobs lost in Great Recession
Reporting from Washington
The nation's employers created a solid number of jobs last month that pushed the economy to a milestone: It finally recovered all 8.7 million jobs lost during the Great Recession.
In addition, as government reports show, all jobs aren't equal.
Low-paying positions at restaurants, hotels and temp agencies now account for a greater percentage of the workforce than those in higher-paying fields such as construction, manufacturing and banking.
The increased number of lower-paying jobs is a key reason the recovery has been so slow: With less in their wallets, workers have less money to spend, economists pointed out. Consumer spending accounts for about 70% of the economy.
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Since Republicans don't want to build up American infrastructure and don't want to help average Americans, then all we will end up with is low paying jobs with no benefits.
And they will blame that on Obama. Remember, these people believe in trickle down but the economic bedrock of "Supply and Demand" in their minds is stupid.
http://www.usmessageboard.com/econo...l-statements-in-usmb-demand-creates-jobs.html
Reporting from Washington
The nation's employers created a solid number of jobs last month that pushed the economy to a milestone: It finally recovered all 8.7 million jobs lost during the Great Recession.
In addition, as government reports show, all jobs aren't equal.
Low-paying positions at restaurants, hotels and temp agencies now account for a greater percentage of the workforce than those in higher-paying fields such as construction, manufacturing and banking.
The increased number of lower-paying jobs is a key reason the recovery has been so slow: With less in their wallets, workers have less money to spend, economists pointed out. Consumer spending accounts for about 70% of the economy.
-----------------------------------------------------------------------------------
Since Republicans don't want to build up American infrastructure and don't want to help average Americans, then all we will end up with is low paying jobs with no benefits.
And they will blame that on Obama. Remember, these people believe in trickle down but the economic bedrock of "Supply and Demand" in their minds is stupid.
http://www.usmessageboard.com/econo...l-statements-in-usmb-demand-creates-jobs.html