Recession prompted 'unprecedented' fall in wages -
Wages have fallen more in real terms in the current economic downturn than ever before, according to a report.
On top of the rising cost of living, a third of workers who stayed in the same job saw a wage cut or freeze between 2010 and 2011, said the Institute for Fiscal Studies (IFS).
"The falls in nominal wages... during this recession are unprecedented," said Claire Crawford from the IFS.
Labour said the figures showed there was a "living-standards crisis".
posted by marienbad
on Jun 12, 2013 -
Public Job as Only Route to Middle Class.
'While that might not seem like much, jobs' 'with benefits and higher-than-minimum wages, are considered plum in' the town of Gallipolis
a 'depressed corner of southern Ohio
. Decades of industrial decline have eroded private-sector jobs here, leaving a thin crust of low-paying service work that makes public-sector jobs look great in comparison.''Now, as Ohio’s legislature moves toward final approval of a bill that would chip away at public-sector unions, those workers say they see it as the opening bell in a race to the bottom. At stake, they say, is what little they have that makes them middle class.' [more inside]
posted by VikingSword
on Mar 16, 2011 -
The Harvard University Worklife Wizard
, created by an international team of journalists, economists, and statisticians, is Barbara Ehrenreich's wet dream. It's also a fantastic resource that has flown pretty much under everyone's radar. The Worklife Survey
drives the constantly-revised, constantly-refined Salary Comparison Tool
, which is always hungry for more data about employment from around the world. And when they say they want data from everyone, they mean it-- there's even a VIP Salary Checker that pits the wages of the Yankees against those of the Red Sox
. (Plus if you take the survey, you can apparently earn a chance to win a trip to South Africa). Personally, I love the Workplace Horror Stories
(and there's a competition there too). I can't look at a nail clipper the same way now.
posted by yellowcandy
on Nov 20, 2006 -
The Freeloader Registry.
When an employer pays low wages and doesn't provide health care benefits, its employees often end up getting free care through state and federal programs. How much does this cost you, and which companies benefit from the practice? A new Massachusetts state law will provide detailed information about top corporate welchers. (This follows recent discussion of the topic in the context of Wal-Mart
Via Good Jobs First
posted by alms
on Aug 6, 2004 -