“What does the drama in Washington over the “fiscal cliff” have to do with strikes and work stoppages among America’s lowest-paid workers at Walmart, McDonald’s, Burger King, and Domino’s Pizza?
Everything.
Jobs are slowly returning to America, but most of them pay lousy wages and low if non-existent benefits.
The Bureau of Labor Statistics estimates that seven out of 10 growth occupations over the next decade will be low-wage — like serving customers at big-box retailers and fast-food chains.
That’s why the median wage keeps dropping, especially for the 80 percent of the workforce that’s paid by the hour.”
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