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U.S. median earnings have not increased since 1975 in real terms
A common assumption was that new jobs in new industries would take up displaced workers. Unfortunately, the reality has been different.
In the brave new world, a small elite, say, 5%, enjoy the significant wealth and control of much of its resources. They employ another stratum of people, say, 20%, to administer their affairs as well as control the precariat (condition of existence without predictability or security), 75% of the population.
While there are well-paid jobs for a small portion of the workforce with the required skills, the vast majority of new employment is in the low-paid service sector, such as retail, security and health care
Education is not a guarantee of employment. The cost of training has risen sharply, leaving many individuals with substantial student debt. Many new graduates are unable to obtain work in their selected areas, and starting incomes are around 10% to 12% lower than they were five years ago, compounding the problem of higher and increasing student debt.
One thing that surprisingly few do, is to take an in-depth analysis of your job/profession
It leaves us all empty and wanting in the end anyway and wishing we had taken better advantage of that time.
Your main problem is and always will be coming to terms with those that want you kept in an economic loop so you can be milked.
originally posted by: seasonal
True, why work at a job you hate to buy sh&t you don't need.
Funny I worked with a guy that built Jukeboxes until the company was bought out by a "investment" company. The investment co. crashed the jukebox co and "stole" the pension.