Thursday, August 14, 2014

LOTS OF NEW JOBS BUT AT LOWER PAY

Post #456600 on Macro Economic Trends and Risks Board of Motley Fool (August 14, 2014)

It is announced that the number of new jobs in June was the highest since 2001.* Good news, why are people so depressed about the economy?

New jobs pay 23% less than the jobs lost in the Great Recession may be a reason?**

Meanwhile, the number of jobless claims is decreasing.***

I think that a big thing may be that working people feel insecure and that is going to be hard to remedy quickly.

* http://www.reuters.com/article/2014/08/12/usa-economy-employment-idUSL2N0QI0W220140812?wpisrc=nl-wonkbk&wpmm=1
** http://www.latimes.com/business/la-fi-income-inequality-20140812-story.html
*** http://www.latimes.com/business/la-fi-jobless-claims-20140807-story.html

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