Posted on 04/01/2011 3:53:36 PM PDT by mewykwistmas
"The result? To achieve economic security, a single parent with two children needs an income of just over $30,000 a year--nearly twice the federal minimum wage--while a two-income household needs almost $68,000.
The study then finds that, according to Labor Department projections, fewer than 13 percent of jobs to be created by 2018 will meet the economic security threshold for a single parent with two kids. Forty-three percent of those jobs will meet the threshold for a two-income household.
In other words, most of the jobs of the future aren't likely to pay enough to offer the kind of stable, middle-class existence that for much of the 20th century was seen as the American birthright.
"The American Dream of working hard to support your family is being re-written by the growth of low-paying industries and rising expenses," said Joan Kuriansky, WOW's executive director."
(Excerpt) Read more at news.yahoo.com ...
Yeah, but Costco has good, cheap prices. It more or less evens out < /s>
I’m so sick of this “the minimum wage should be able to support a family of 4” crap. the min wage should be for kids in high school. if you have a family of 4 and are still earning minimum wage, just maybe it’s possible that it’s not the employers fault. God, this country has turned upside down in the last 20 years. what the hell ?
Cmon. How much do Mexicans need to make if they’re living ten-to-a-bedroom?
I tell them that I know everyone is not cut out to go to college. I understand that. What I tell them is, even if you go to college, you HAVE to select some type of "marketable skill" to sell to a prospective employer. Just getting a degree in something does not mean you will get a job. A lot of college kids get degrees in subjects that there are few jobs for. I tell them to research a skill that you can use, that you can sell to an employer and show that employer that you can help his business.
Even if they are not going to college, then get training in a specialized skill you can sell to the employer. Auto mechanics, electrician, plumber, etc, etc.
I also tell them that if you think you are going to make a living, raise a family, buy a house, a car, save money for the future, working at McDonald's or Burger King, then you better think again. If you do not prepare yourself for a skill that you can market, then expect to live in the poor house the rest of your life. I also recommend to them the military service for four or five years. Learn a skill there that you can use on the outside. A kid wanting to be a cop cannot be a cop on the street until he is 21 because he cannot carry a weapon. But, in the military, he can be an MP at 18, carry a weapon, gain experience, etc, and use that for a future job with law enforcement.
If is about having a skill to sell an employer that you can use for a life time. A marketable skill.
” To achieve economic security, a single parent with two children needs an income of just over $30,000 a year—”nearly twice the federal minimum wage—while a two-income household needs almost $68,000.
The study then finds that, according to Labor Department projections, fewer than 13 percent of jobs to be created by 2018 will meet the economic security threshold for a single parent with two kids. Forty-three percent of those jobs will meet the threshold for a two-income household. “
Huh?????
Maybe someone smarter than I am can explain those numbers to me??
With gubment jobs paying more, on average, than the private sector, somethings got to give.
Yet another half truth study.
In California those making a minimum wage have about $4,500 more expendable money per year than those making the median income because of all the freebies government hands out.
Read here:
http://www.calwatchdog.com/2010/11/29/ca-freebies-enrich-low-wage-workers/
Minimum wage hikes don't make employers up wages of those who produce less, it just makes it illegal to hire them. We need to understand that it's OK that a low wage job doesn't pay enough to support a large family, and that's why it's important to have a high paying job before trying to raise one.
Ogawd it’s you again.
Ogawd it’s you again.
that was my reaction when I read that.
Yeah. The numbers don’t make sense.
Why would a two income house need 38,000 more than a 1 income house?
So they can buy a Mercedes?
Makes no sense.. Just like this study.
This has to do with the reality that ‘good jobs’ all but gone and all we can do is sell Made in China iPads to each other. Many hardworking people can’y find good jobs. And not everyone can go to Harvard or invent something.
Did people live with minimum wage in the 50’s, 60’s, 90’s?
Ogawd it’s you again.
Keep in mind, back then there was less stuff to buy. We didn’t have all of the gadgets we have today, heck a lot of families didn’t even have a car.
These are the things that make me scream. Those jobs are meant for students, part time work for stay at home moms, and retired persons.
They are not meant to support a single parent and two children. Maybe if people waited till they had a two-person marriage contract in hand, and decided how and when they could afford to have children, and then who would stay home with them - maybe they wouldn’t HAVE to try to live on $30,000.
The way they make this sound, women are in danger of waking up every day and SURPRISE, you’re pregnant!
So few of these new jobs will be paying federal income taxes either. I guess thats one way to starve the beast.
The problem with “marketable skills” is that it is too easy for companies to import workers with those skills when the American workers start having some bargaining power; to hear Bill Gates complain that Americans don’t go into computers anymore is just plain evil; his threats to move jobs to Vancouver or India if he doesn’t get his Asian slaves through the H1-B program is the reason why Americans don’t go into computers anymore.
The only decent jobs will be ones that can’t be outsourced (mechanics, electricians, plumbers, and the like); ideally, they should also be too complicated or dangerous for a 16 year-old Mexican high school dropout as well..
This is one of the consequences having a large national debt.
It creates a built in cost. The debt and taxes are uncontrollable costs that businesses must take into account when pricing their products competitively. Since businesses cannot control these costs, they have to focus on what they can control and that is the cost of labour.
Therefore, if you’re going to want to work in a global market, you are going to have to work at the lowest possible wages possible.
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