In today’s economy, the prevalence of quality jobs is diminishing. This has been the case since America’s job market bottomed out at the close of the Great Recession.
There’s a lot of political rhetoric around Americans being “back at work” and our economy having “regained its strength,” but the truth of the matter is that only profits for wealthy investors have been revived while a slew of policies and programs that benefit large corporations have been enacted at the expense of working people and local business.
Though former President Barack ObamaBarack ObamaWill McConnell and Ryan put party over country in defense of Trump? Five things to know about Joe Lieberman Syria’s crematoriums echo the Holocaust — President Trump, bomb them now MORE claimed to have created over 15 million jobs from 2010 through the end of his presidency and unemployment has dropped below 5 percent, the average American worker is struggling to make ends meet. Almost half of workers in the U.S. make less than $15 per hour — women and people of color are the worst off.
Most jobs created over the last decade have been temporary, precarious or in low-wage occupations at places like strip malls and fast-food restaurants. In some instances, entire towns have been skipped over entirely.
It’s true that some companies are recognizing that intentionally focusing on quality jobs generates positive outcomes for workers and for their bottom lines. These are jobs that provide living wages, good benefits, paid sick time, retirement and family leave. They reduce employee turnover, create higher employee productivity and satisfaction.
However, those companies are in the minority, and our jobs problem is too large and complex for individual businesses and investors to confront entirely on their own. While businesses are the sources of job creation,
The good news is that Congress doesn’t need to start from scratch on this. They can take much-needed action now, by making small…