Tuesday, October 12, 2004

Missing job statistics

The cat is out of the bag: 1 in 5 jobs pay "below-poverty wages" (less than around $8.84 if you have a family of four).

What is left unknown: what proportion of entry level jobs is taken up by high school or college students or recent graduates (who shouldn't have as serious a financial burden as a family of four), how long people spend in minimum wage jobs before finding a better job or a promotion, and how many families have supplemental income (via renting property on the side, a second job, or some other strategy). Before Congress passes the "The Other 1 in 5 must make a living wage" Act of 2004, I hope they pause and consider the deeper issues.

I'm not holding my breath.