Despite Tight Job Market, Labor Force’s Income Is Squeezed

MASS IMMIGRATION is the obvious biggest factor. Supply & Demand. 1986 legislation opened the flood gates, corresponding to when wages began to stagnate. Income inequality is a function of letting too many people in to the party. Duh.

It’s called automation which results in productivity gains. It’s also many working multiple low paying services sector jobs as ACA caps their hours at one employer. Fun the left seems to forget this as they worry about workers working multiple jobs

The fact is globalization & corporate profits will continue to grow. The USA must see Firms as strategic assets. Companies should in turn see employees this way via partial define benefit plans & stock ownership for Capitalism to thrive more & the push for socialism to decline.

The 'labor force' spends too much money on luxuries. The previous generation made a similar income (relative to everything else) but they did not worry about a monthly internet bill, cell phone bill, streaming services, etc. And I'm including myself.

3 Considerations: Blended retirement plans so employees have some defined benefits. Dislocation from AI is only starting so some robot tax may be needed. Big business benefits from LOWER skilled labor. Immigration contraction in this area may help raise wages for US workers.

Automation and AI +0 work for protection for human beings spells a gram future for these hard-working Americans

You didn't get the memo.. boo boo?😐

the reason is clear to someone who's seen the entire life-cycle of automation + computerization eliminate the need for unskilled +semi-skilled laborers. add the mechanics + repairmen who used to fix the products we now simply throw away + buy new . now ? artificial intelligence

Household debt. Cards, auto, tuition, & mortgages gets maxed when unemployment is lowest. Stagnant wages with unemployment rising, default follows.

Nothing about illegals. China into the WTO but zip on illegals. 🤔

Marx was right!

The affects of cheap migrant labor.🤫

open borders

Omg the tariffs are working? Who could’ve predicted

if my slice of pie is twice what it was five years ago, do I care if someone else has a slice that is four times bigger than what it was five years ago? no. I'm not a Communist.

Unions anyone?

main point: under realDonaldTrump wages growing at the fastest pace in a decade.

Didn't realDonaldTrump, senatemajldr and the Republicans in Congress say repeatedly that the corporate tax breaks would be passed down to workers

Yeah. Capitalism ISN'T working for the hard-working majority. Go figure.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's why the price of this metal is setting records and is likely to go even higherPalladium is outshining other metals due to tight supply and strong demand from the global auto industry, which needs increasing amounts of the metal to meet stricter emissions standards.
Source: CNBC - 🏆 12. / 72 Read more »

Despite the market comeback this year, traders worry an earnings decline will kill the bull marketWe are still in the longest bull market on record, yet the entire trading community seems convinced the bull is about to roll over. DUH! Proof is all the lowered Guidance after earnings misses More debt, more inflation, and less on tax returns will greatly hurt this year Sad times for money changers. As someone once said - 'The trouble with Capitalism is sooner or later you run out of Working People's money.' Yeah looking at the Nasdaq this morning I reeeeally believe that.
Source: CNBC - 🏆 12. / 72 Read more »

US weekly jobless claims fall, but the labor market trend is weakeningThe number of Americans filing applications for unemployment benefits fell last week. Markets are going to selloff, damn sure not rallying, China is selling off no deal no rally Is it? Last time I checked we were at full employment, the only people not working are complete idiots and those who dont want to.
Source: CNBC - 🏆 12. / 72 Read more »

Fidelity Posts Record Revenue, Profit Despite Market SwoonFidelity Investments posted record operating profits and revenue for a third-straight year even as a stock-market selloff late last year shrunk the value of the assets it manages for clients. Kim_TechStrat Typical- they make money while customers lose. 👍way to go Fidelity!
Source: WSJ - 🏆 98. / 63 Read more »