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Showing blog posts tagged with jobs crisis

New Study Shows Romney’s Corporate Tax Holiday Ships More U.S. Jobs Overseas

Photo by Sunset Parkerpix/Flickr

The huge export of American jobs (some 6 million manufacturing jobs in the past decade) by U.S. corporations has become a focal point of the presidential campaign. Today, a new report from the Center for American Progress (CAP) outlines how Republican Mitt Romney’s proposals would:

encourage and further accelerate the outsourcing of American jobs to foreign countries.

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1% Got 93% of U.S. Income in 2009-2010, More Long-Term Jobless Than Reported

More confirmation that the extremely rich are getting richer and those without jobs are suffering even more. In 2009 and 2010, the first year of the current “recovery,” the 1 percent captured 93 percent of U.S. income growth. Repeat: 93 percent of income growth went to the 1 percent.

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‘Kenosha Seven’ Occupy Rep. Ryan’s Office to Talk About Jobs

   

This is a cross-post from the Wisconsin State AFL-CIO blog by Karen Hickey in AFL-CIO Field Communications.

Jobless constituents of U.S. Rep. Paul Ryan are sitting-in at his Kenosha office demanding to speak with him about the jobs crisis and his job creation plans for Wisconsin—yet Rep. Ryan is nowhere to be seen.

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New Jobs Created Are Nearly All Low-Wage

So, even as there are still 4.7 workers for every one job, the jobs that are being created are primarily low-wage—and the wages in those jobs have fallen disproportionately, according to a new report by the National Employment Law Project (NELP).

From the first quarter of 2010 through the first quarter of 2011, the most recent data available, lower-wage occupations grew by 3.2 percent, with retail salespersons, office clerks, cashiers, food preparation workers and stock clerks topping the list. Mid-wage occupations, including paralegals, customer service representatives and machinists, grew by only 1.2 percent, while higher-wage occupations declined by 1.2 percent, which includes occupations like engineers, registered nurses and finance workers.

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