More Americans Joining Workforce, But Many Are Unable to Find Living-Wage Jobs streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Even though government-reported statistics show inflation easing and jobs being added, the percentage of the American workforce unable to find.
if you look at the unemployment data alone, you see that the unemployment for low income jobs is something like twenty three to 28%, whereas for high income jobs it s about zero, maybe five percent. i mean this is this is obvious and also young people were destroyed because a lot of the industries that were shut down were jobs for young people. so another sort of extra sin that we did by committing harm to our younger people in the world for our country that s supposed to care about poor people. more than 100 million people in the world were thrown into abject poverty from the lockdown s, particularly the lockdown s of the west, actually , which interrupts the whole job cycle. and so these people we re talking about a dollar 90 per day, according to world bank, more than one hundred million people now abject poverty. there s an explosion of what was known already to happen, which is massive drug abuse,
stop the spread of the infection, did not save lives and in fact a lot of states that did open did better matter what you hear in the states that had severe closures but what s worse is the economic downturn which was vilified about how it s distorted by the media and others as somehow reducing the economy over lives if you don t lockdown and it s the opposite because for decades it was known in the economic literature that severe economic downturns kill people and that s exactly what was seen by throwing people into severe poverty. the united states alone about 200,000 small businesses are closed many of those jobs are lower income jobs and affect the low income people selectively were destroyed by the lockdowns that were really what i call a luxury of the rich if you get the unemployment data alone we