The Phaserl


The slow process of turning the US into a low wage McJobs nation

US breaks even with jobs lost since 2007, those not in the labor force jumps nearly 13 million, and 1 out of 4 is working for $10 an hour or less.


The US is slowly becoming a McJob nation. While the press jumps up and down that the US is now finally at a breakeven point from the jobs lost since the recession started in 2007, they fail to mention that those not in the labor force is up by nearly 13 million. Even looking into the recent employment report, we continue to find a heavy trend of hiring in low wage employment sectors. For example, 32,000 jobs were added in “leisure and hospitality” bringing the annual total of jobs added to 311,000. Another 21,000 jobs were added in social assistance which pay very little but will grow as demand for health support grows by an aging population. The system at least in the eyes of Wall Street and the government is working perfectly fine. We have a plentiful supply of low wage labor while laws and bailout mechanisms are in place for the financially and politically connected. The middle class continues to fall off the bandwagon one by one and enters a labor force of permanent low wage labor with very little prospect of a decent retirement. In fact, most will be working until all the wheels come flying off. We also find that 1 out of 4 Americans are working in jobs that pay $10 or less per hour. How about trying to earn the Americans Dream on that McJob salary?

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2 comments to The slow process of turning the US into a low wage McJobs nation

  • Anon

    Some 10,000 Americans will reach retirement age, every day, for the next 15 years or so. We are fast approaching a “demographic cliff”. The number of working Americans is now less than the number of Americans receiving some kind of Federal benefits. The globalist, corporatist, fascist 1% have moved a significant percentage of our industrial manufacturing base overseas. (Read: THE GLOBALIZATION OF POVERTY AND THE NEW WORLD ORDER, by Prof. Michel Chossudovsky) The .01/1% want all global corporate profits to go to them, and to socialize all global corporate losses (ie, so that the taxpayers – the 99.9% – will be left to pick up the tab). Fortunately, or not, the rest of the world is waking up to this fact, faster than Americans are. If you wish to know what forces are behind all of this, then be sure to read the all the comments in the ‘comments’ section, following this article:

    The Young Counter Revolutionaries

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