July 08, 2004

The Economy, Part 2

First there were no jobs. Then there were jobs, but they weren't good jobs, right? Well, here is another take on the future of jobs in America.

The charge that low-quality service jobs--often dubbed "McJobs"--are proliferating is inaccurate. The McJobs argument has two primary implications. The first is that wages are declining, and the second is that the new jobs are unfulfilling. Empirical data on American pay, incomes, and quality of life make the case that American jobs are better today and getting better every year.

FULL DISCLOSURE: The article is from the Heritage Foundation. For those of you who don't know, they're usually designated a "consevative think tank." So as always, know your sources.

No comments:

Post a Comment