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Most Workers Today Are Underpaid, And It Gets Worse
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Apr. 28, 2017 | WAGES | The jobs reports would have us believe our rebound from the recession is almost complete. The reality is very different. The Economist has some fancy words for it: “job polarization,” in which middle-skill jobs decline while low-skill and high-skill jobs increase and the workforce “bifurcated” into two extremes of income. Optimists like to bring up the Industrial Revolution, and the return to better jobs afterward. But it took 60 years. And job polarization makes the present day very different from two days ago, when only the bodies of workers, and not their brains, were superseded by machines… salon.com
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