Why Jobs Are Recovering But Pay Isn't

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Technology and over population is the real culprit yes i agree the government is stacking the deck in there favor and hurting us worse, but We are getting so advanced in tech that we have made jobs or tasks too easy to be completed. Our own strive for a better and easier life is really hurting us specially since corp. now no the task at hand can be achieved with less. Many people still have great skills just tech has replaced it let alone it moves so fast how can you keep up with the new job skills required especially when they take years to develop. with jobs being replaced by tech and population growing what you think is goin happen as an intelligent species achieving the better life life its self has become too fast to keep with. Constant demand of more intelligent and complex skill sets our standards are to high we are creating our own natural selection. reguardless what we do bout it. i believe we out grew our economy system and beat the game of survival and we keep trying to fix a problem that we keep creating. want a better econ lower your standard and do away with some tech making more jobs and yeah life becomes harder but jobs easier to come by we are out dating ourselves is what we are doing everybodys opinion and reasoning on why the econ is going to crap are just symptoms and they always lead to this problem and that problem. This is just a theory lower our standards or create a new economy system

Kyle of IN 6:24AM July 08, 2011

The reason wages aren't going up is simply greed. Companies have been making profits and their CEO's pay (legalized thieves) rise, but remarkably the little employee's pay does not. These companies ship their jobs overseas so they can pay even smaller wages. Here's a thought, get rid of their tax breaks and have an import tax. Of course, they always blame it on health insurance and other things. If only Republican politicians would lessen regulations on them even more, maybe they could even bring back child labor so we can become even more like China. What a joke.

Michele of SC 8:11AM April 23, 2011

I don't believe it for a minute. They announce we created so many jobs but at the same time the government is laying off and the schools are laying off. The figures obtained don't show the whole picture. Companies are required to fill out a monthly survey and from what I know, when someone quit with us, we claimed it as new job created. Yep, had to meet the deadline. Anyone knows federal employees are being laid off and there are no jobs out there. Lowe's and Home Depot fired their managers and hired parttime help instead. Is that what counts as new jobs?

Viola Perry of TX 9:23AM April 18, 2011

For the last twenty years or so.Our government has done nothing but sell the middle class out.These congressmen&senators are no better than a big crime family.The only thing different is they have passed laws to protect their own ass.Can they explain why lobbyists can donate money to their campaigns to buy their vote.How is that any different then a crime family paying off city or county execs.Just because the money is'nt going directly into their pockets doesnt mean its not for "special favors".They say oh no the money does'nt influence my vote.How stupid do they think we are.In my opinion I believe lobbying is one of the biggest if not the biggest drivers of the debt.So if we all have to sacrifice.How about cutting what lobbysts can donate by 2/3.I'm sure they'll do that first thing in the morning.Uh Huh right.

John Cathro of NE 11:38PM April 17, 2011

Historic levels of immigration into glutted job markets. Why? Mostly because immigrants vote Democratic, work cheap for Republican business buddies, and PC though police intimidate anyone who speaks out against Tedian immigration.

Globalization. We're competing against world labor now. Wages will continue to fall except in fields where they have you by the balls, such as medical (got to have that cancer operation), public service (customers forced to pay taxes), energy (have to have lights and transportation).

Transformation from a wealth producing leading industrial economy to a debt producing service and consumer economy.

Luther of LA 11:24AM April 15, 2011

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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