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Hard to move up when wages stink for almost all middle class jobs now.
Quote:
Workers in seven of the 10 largest occupations typically earn less than $30,000 a year, according to new data published Friday by the Bureau of Labor Statistics. That's a far cry from the nation's average annual pay of $45,790.
Food prep workers are the third most-common job in the U.S., but have the lowest pay, at a mere $18,720 a year for 2012. Cashiers and waiters are also popular professions, but the average pay at these jobs tallies up to less than $21,000 annually. There are 4.3 million retail sales workers out there, making them the most common job, but the position pays only $25,310 for the year.
Hate to tell you this but those countries are bringing in more revenue than the US.
Go read some annual reports of the multi-nationals. They are reinvesting profits made in that country to expand in that country.
They pay taxes on that money to the country in which it was earned. If they brought back that money they have to pay another tax to the US. The US taxes global income once the money comes back to the US.
The U.S. is what, 5% of the global population? Does any American really need more Tupperware? Tupperware chose to expand to Asia instead of relying on the competitive US market and eventually closing their doors. Tupperware continues to make Product sold in the U.S. in the U.S. They have chosen to manufacture Tupperware sold in say, Indonesia, in Indonesia. The more who are employed in the third world, creates an emerging economy.
Walmart owns/ operates more retail stores outside the U.S. than in the U.S.
About 60% of GE's profits are derived from offshore markets.
Is it a shock that jobs which have a very low and/or easily learned skill pay very little?
This may be a shocker for some people, but the more common something is, the less value it has.
The value of fresh water is much less in Minnesota than the Sahara (not Sarah, lol).
The value of ice is much less in Greenland than in Mexico.
If you want to have more value, which translates into better pay and better job security, you must gain skills that are less common or take longer to learn.
Yes, I know, this SHOULD be common sense.
Last edited by PedroMartinez; 05-12-2015 at 10:38 AM..
Wow, you apparently can't read, I said even though people making min wage is a technically small portion people being paid under $10ph is a huge portion of the work force and 10ph is still chicken feed.
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Originally Posted by westboundrambler Uh... Few people? I mean technically, but still anything under $10 an hour is pretty much poverty and that's a HUGE portion of the countries workforce."
Yeah, screw that, only getting a 50% wage increase sucks! Why should I do anything that will only increase my pay 50%.
And that is why so many people make minimum wage.
Who cares if that job change will up your pay 50%.
Who cares if that job means better working conditions.
Who cares if that job means you would probably receive benefits.
Who cares if that job means you will probably have opportunity for growth.
The thing to remember is somebody needs to offer you a job with baller pay and make sure they give you the skills along with it. It's a human right to make large stacks.
Sad.
Jeeze, you took that waaay out of context. Of course a 50% pay increase is better, but making anything under $20ph will have you constantly struggling, so even though $14 is way better than $9, you're still struggling, that's all I was pointing out, jeeze.
You can`t have free trade, massive regulation, powerful labor unions, high labor costs and the highest marginal corporate taxes in the industrialized world.
Most of Europe keeps marginal corporate tax rates at half what they are in the US.
All other things being the same, a company would be crazy to come to the US.
I guess all other things are far from the same considering Honda, Toyota, Nissan, Hyundai, Mercedes Benz, BMW, VW, et al seem quite content with their manufacturing plants in the US.
Or, perhaps the reality is the US is a pretty good place to do business despite the whining of corporate shills who despite having a sandwich in each hand continue to cry ' I'm hungry '.
Is it a shock that jobs which have a very low and/or easily learned skill pay very little?
This may be a shocker for some people, but the more common something is, the less value it has.
The value of fresh water is much less in Minnesota than the Sahara (not Sarah, lol).
The value of ice is much less in Greenland than in Mexico.
If you want to have more value, which translates into better pay and better job security, you must gain skills that are less common or take longer to learn.
Yes, I know, this SHOULD be common sense.
It's also common sense that the more workers you have the less the wages will be. If we didn't have 12 million plus illegal aliens here wages would go up for American blue-collared workers and more opportunities for them would arise.
It's not hard - lighten up on corporate taxes... lighten up on regulations... and act like they what companies to do business in the country.
Start there.
You seem to be under the mistaken impression that businesses exist to create jobs.
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