Originally Posted By: ZZman
Originally Posted By: fdcg27
Unemployment is now low enough that we're starting to see increases in wages for low-skilled jobs which is in turn bringing a long awaited increase in the labor force participation rate.
Where are these job losses you speak of?
They don't seem to be here in America.
While jobs have changed, they haven't been lost.
People with skills can still do very well while the less skilled can still find full-time work.
Outside of unionized manufacturing industries, which were mainly a postwar Northern artifact, not much has changed.
Amount of jobs available depends on where you live. Also do you have transportation available to get there. There are often jobs open that many could probably learn to do but employers want experience or education as job requirements. Many of the good paying low skill jobs have left. They were replaced by lower income service jobs that are often part time and offer no benefits.
The graph at this site clearly shows that the number of employed people (jobs) in the U.S. has climbed steadily since post WWII.
https://tradingeconomics.com/united-states/employed-persons ...click on the "max" botton below the graph.
Obviously, much HAS changed. Almost all of today's households are double income. The meat and potato, low skill/high paying jobs are disappearing. One used to be able to join the workforce directly out of high school and make today's equivalent of $60K+ with full insurance and retirement benefits. So, yes job numbers have increased rather than decreased, but the nature of the jobs is much different, at least in that middle income low skill/high pay niche.
