Labor & Economic News Blog


Monday, November 23, 2015

Rosy jobs numbers blind us to the bleak reality of the 'real economy'

Rosy jobs numbers blind us to the bleak reality of the 'real economy'


When you see news that unemployment in California has dipped to 5.8%, said Chris Hoene of the California Budget & Policy Center, it's not as rosy as it sounds. "There are more and more sectors in which people are being paid less than they were before … or they're having to work several jobs," said Hoene.

 



<< Blog Home

 

This page is powered by Blogger. Isn't yours?