August 6, 2007

Falling

There have been some spectacular falls in the news lately, and for those into gravity impact porn, the following videos provide ample pleasure.



But another fall, just as painful, is the plummet of those formerly known as working Americans and their wages.

A seattle newspaper analyzed jobs data in Washington state (and here too) to find an unsurprising yet horrifying trend: Jobs that are being created do not pay a living wage.

If this is the case in Washington, hotbed of tech, trade, and transportation, it's probably not better in the rest of the country.

Summary of the summary:

• The fastest growing jobs categories are in retail, hospitality, agriculture and social services, which are at the lowest ends of the pay scale.

• 46% of jobs pay less then $10/hr, and less than 25% of the jobs pay above $15/hr.

• Even if some numbers classify our economy as in recovery, the highest paying sectors — telecom, electronics manufacturing, and air transportation — continue to cut jobs.

What this means is that if you lose your job to cost-cutting by the Board or CEO, you'll make less money if you find a job at all. And that job will probably be in the service sector, not in the field for which you spent the first half of your life preparing.

Don't even think about getting sick, and forget about your career in skateboarding.

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