Posts tagged with: unemployment

the-new-york-times-website-is-back-after-two-hour-outageWhile it may be difficult to imagine, there was once an era when the New York Times was concerned about the poor.

Consider, for example, a 1987 editorial they ran with the headline, “The Right Minimum Wage: $0.00.” As the editors noted at the time,

[Raising the minimum wage] would increase unemployment: Raise the legal minimum price of labor above the productivity of the least skilled workers and fewer will be hired.

If a higher minimum means fewer jobs, why does it remain on the agenda of some liberals? A higher minimum would undoubtedly raise the living standard of the majority of low-wage workers who could keep their jobs. That gain, it is argued, would justify the sacrifice of the minority who became unemployable. The argument isn’t convincing. Those at greatest risk from a higher minimum would be young, poor workers, who already face formidable barriers to getting and keeping jobs. Indeed, President Reagan has proposed a lower minimum wage just to improve their chances of finding work.

Back then the federal minimum wage was $3.35 ($7 in 2015 dollars) and the editors of the Times had a basic understanding of economics. Today, their editorial board is apparently comprised solely of those completely ignorant about economics, for they published an editorial last week calling for wage to be raised to $15 a hour.

Their reasoning? No real justification is given other than that the government must do something. In their conclusion they write:
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o-UNEMPLOYMENT-HEALTH-facebookSeries Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need to know (see also: What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).
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Marco Rubio has inspired plenty of chin-stroking over his recent remarks about welders earning more than philosophers.

“We need more welders and less philosophers,” he concluded in a recent debate.

The fact-checkers proceeded to fact-check, with many quickly declaring falsehood (e.g. 1, 2). Yet the series of subsequent quibbles over who actually makes how much continue to side-step the bigger issue. Though the liberal arts are indeed important and ought not be viewed simply in terms of “vocational training,” mainstream American culture is certainly fond of pretending as much.

The individualistic  dream-stoking rhetoric, inflated expectations, and subsequent angst have become all too nightmarish a cliche among my generation, joined by ever-increasing attempts to secure more government goodies to keep the machine humming along. Surely there are many who approach the liberal arts with a healthy perspective, but at the same time, the jokes about the barista going for his third Master’s degree aren’t exactly jokes.

Rather than approaching each individual as a creative person with unique gifts and educational aspirations, we continue to pretend that one vocational or educational track ought to apply to all. At the same time, rather than approaching the so-called “job market” as an ecosystem of creativity and collaboration, filled with countless human needs waiting to be met, we revert to thinking only of ourselves, self-constructing our preferred vocational destinies while we move through the college assembly line. (more…)

Unemployment-0306Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and for communities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need to know (see also: What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).
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Blog author: ehilton
Thursday, July 9, 2015
By

greece-bandaidGreece’s economic problems are so vast, comprehension is difficult. Over at NPR, Greg Myre breaks it down for us.

25: The unemployment rate, and that’s probably low-balling. For those under the age of 25, the unemployment rate hovers around 50 percent.

92: The average income earned by a typical citizen is under-reported by 92 percent, on average, to the government.

Tax evasion is endemic in Greece and a major contributor to the government’s budget shortfalls. Creditors are demanding this be addressed in return for a new rescue package.

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immigrationAs the number of Republicans vying for the presidency reaches new levels of absurdity, candidates are scrambling to affirm their conservative bona fides. If you can stomach the pandering, it’s a good time to explore the ideas bouncing around the movement, and when necessary, prune off the poisonous limbs.

Alas, for all of its typical promotions of free enterprise, free trade, and individual liberty, the modern conservative movement retains a peculiar and ever-growing faction of folks who harbor anti-immigration sentiments that contradict and discredit their otherwise noble views. For these, opposing immigration is not about border control, national security, or the rule of law (topics for another day), but about “protecting American jobs” and “protecting the American worker.”

Consider the recent shift of Scott Walker. Once a supporter of legal immigration, Walker now says that immigration hurts the American worker, and that “the next president and the next Congress need to make decisions about a legal immigration system that’s based on, first and foremost, protecting American workers and American wages.” Or Rick Santorum, who has made no bones about his bid for the protectionist bloc. “American workers deserve a shot at [good] jobs,” he said. “Over the last 20 years, we have brought into this country, legally and illegally, 35 million mostly unskilled workers. And the result, over that same period of time, workers’ wages and family incomes have flatlined.” (more…)

Mike-Rowe-WalmartMike Rowe, the “Dirty Jobs” guy, makes an occasional appearance here on the PowerBlog. Why do we like him? Because he appreciates hard work, honest work, just as we do.

It’s surprising how many people don’t share that appreciation.

On Sunday, Rowe posted, on his Facebook page, a letter he received from a rather unhappy man.

Hey Mike

Your constant harping on “work ethic” is growing tiresome. Just because someone’s poor doesn’t mean they’re lazy. The unemployed want to work! And many of those who can’t find work today, didn’t have the benefit of growing up with parents like yours. How can you expect someone with no role model to qualify for one of your scholarships or sign your silly “Sweat Pledge?” Rather than accusing people of not having a work-ethic, why not drop the right-wing propaganda and help them develop one?

Craig P.

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