(November 10, 2016 at 2:41 pm)abaris Wrote:Yes, that sounds like it is mirroring what we are seeing in America, too. Even full time jobs are not paying enough for basic necessities.(November 10, 2016 at 2:35 pm)Aroura Wrote: In America, our unemployment rates have dropped to around 5% from like 9% in 2008.
I'm aware that Obama did a lot to reduce unemployment, but how does it look with the working poor? How many people can actually make a decent living from one full time job?
That's turning into a big problem in Europe also. Stagnant or even reduced wages vs ever increasing costs of living.
So, the rich really are getting richer, while the numbers of the poor multiply and multiply. I didn't know it was so bad in europe. I figured it would be better. Though hubby and I looked at Norway recently (part of a school project on Vikings, got off track looking at their economy), and noticed that wages are very low, even for skilled workers, and prices are frighteningly high for basic things like milk and eggs. I wondered how they even live.
“Eternity is a terrible thought. I mean, where's it going to end?”
― Tom Stoppard, Rosencrantz and Guildenstern Are Dead
― Tom Stoppard, Rosencrantz and Guildenstern Are Dead