Economic Report: Ten Per Cent of U.S. Workers Are Unemployed Or Underemployed - 09/02/08
Submitted by Doug Cunningham on September 1, 2008 - 7:20pm
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A Labor Day scorecard released by Rutgers University found most workers in a bad place. 10 percent of workers, according to the report card, are unemployed or underemployed, 25 percent more than only one year ago. The median weekly earnings of workers has not grown in eight years, the federal minimum wage when adjusted for inflation is worth 40 cents less an hour than one year ago. Four percent of part-timers want full time employment, but can’t find it.
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