Friday, July 23, 2004

 

Will Work For Food

Here in central Illinois, we don't appear to be benefiting from the economic recovery that the rest of the country is allegedly experiencing. While we continue to read/hear about 100,000 jobs being created each month, we are losing thousands. Mitsubishi Motors in Peoria recently announced they will lay off 1,200 employees to help "pare mounting debt." Earlier we learned that Maytag in Galesburg announced that all 1,600 of their workers will lose their jobs as the plant relocates to Mexico. On top of all this, it also announced that Butler Manufacturing, also in Galesburg, will be closing its doors putting nearly 280 people out of work.

So where are all of these jobs? According to this article in the New York Times, Bob Herbert says the new jobs aren't going to the unemployed.



I think the statement "there is something wrong," is long overdue. In the last few months, two cities here in central Illinois have lost over 3,000 jobs due to economic problems, yet we continue to hear about the nation's recovery. According to the U.S. Labor Department, the average hourly work week is trending downward, meaning many of the new jobs are not full time and are therefore not likely to include benefits. At the same time, the average real earnings are also trending downward, meaning people are taking home less money.

So where is this recovery taking place? I know one thing, the job recovery is not taking place here in middle America.



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