Workers’ crisis deepens - Time to fight back

[blindpig]

Workers’ crisis deepens - Time to fight back

By Fred Goldstein

The capitalist economy lurched toward renewed crisis as the U.S. government announced that no new jobs were created in the month of August. This disastrous news for the 30 million unemployed and underemployed workers in the U.S. comes against a background of a menacing world economic slowdown.

In addition to the zero jobs growth numbers for August, both June and July numbers for job creation were revised downward by a total of 58,000. The zero jobs number is part of a steady downward trend.

While this is bad news for the unemployed, those who are working also took a hit in August. The greater the unemployment, the greater the pressure on those workers who still have jobs. This pressure shows up in the latest statistics.

Weekly hours worked fell from 34.3 to 34.2, while hourly wages declined by an average of 3 cents. These numbers seem small but they add up to an average decline in weekly wages of almost 5 percent on an annual basis.

more....

http://www.workers.org/2011/us/workers_crisis_0915/

[blindpig]

1. kick

[BeHereNow]

2. The "under employed" are not usually even in the equation.

I am one of those.
Severe decrease in hours here.
BHN

[blindpig]

4. Hate that for ya.

So much of that around here. Some small employers try to be decent but when profit and not human need is the object people are nothing but a business expense. Capitalism is a brutally inhumane way to organize society.

[Odin2005]

3. K&R

[LadyInAZ]

5. So true...

i'm unemployed, however spoken to former colleagues. they seemed over worked and highly stressed their responsibilities and pressures has increase due to worker shortage. i'm surprise most companies are surviving considering we are in a recession. shouldn't companies spiraling down as employment is raising... hmmm it is happening... however you do see an equal action on both sides... i see unemployment raising faster...

[amborin]

6. K&R

[leftstreet]

7. K&R

[jannyk]

8. K&R!