The truth about job growth
Geschrieben von Andreas am 07. Oktober 2003 23:18:52:
Als Antwort auf: NACHRICHTEN (o.T.) geschrieben von Pez am 07. Oktober 2003 21:47:42:
New York (CNN/Money) - Though many cheered last week's news of jobs creation in September, John Challenger, CEO of Challenger, Gray & Christmas, a job placement company, notes a number of disturbing trends in the Labor Department report.
Less pay "While many celebrated, the numbers indicate that things have not improved for most workers; in some cases, workers are earning 43 percent less," said Challenger.
More part-time work One stat that concerns Challenger is that nearly 5 million people now work part-time jobs, the highest level since November 1993. "Benefits are much worse for part-time workers. The number of people without health care insurance has gone over 40 million."
Long-term joblessness Another troubling trend Challenger identifies is that long-term joblessness, those out of work for 27 weeks or longer, has grown to 2.1 million, the highest level since November 1983.
Bleak outlook from small business Challenger also points out that a survey of small businesses (fewer than 500 employees) found that only 14 percent of them plan on adding workers in the near future. "That is troubling," says Challenger, because, "Small businesses represent more than 99 percent of all employers and historically have accounted for about 60 to 80 percent of all new jobs."