Mainecoons
09-26-2012, 01:16 PM
Read 'em and weep.
Low-wage workers in Chicago are better educated, older and rely more on that income these days to meet basic needs than 10 years ago. And there are substantially more of them.
http://www.suntimes.com/15379932-761/low-wage-work-force-grows-30-as-the-number-of-jobs-shrinks.html
In another sign that the economic recovery under President Obama is not producing gains for average Americans, median household incomes fell 1.1% in August to $50,678, according to a report released Tuesday by Sentier Research.
Since the economic recovery started in June 2009, household incomes are down 5.7%, the Sentier data show, and they are down more than 8% since Obama took office.
http://news.investors.com/092512-626958-household-income-down-82-under-president-obama.aspx
Citing uncertainty over the impending “fiscal cliff” and lower demand overseas, an association of CEOs from top companies on Wednesday dropped its growth expectations for the third quarter to the lowest level since the middle of the Great Recession.
The Business Roundtable lowered projections for sales, capital spending and hiring in its latest CEO Economic Outlook Survey to the lowest level since 2009.
Read more: CEOs now see gloomy third quarter, drop growth expectations - Washington Times (http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7) http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7
Follow us: @washtimes on Twitter (http://ec.tynt.com/b/rw?id=ctd-fI3Dar4z1uacwqm_6r&u=washtimes)
Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy, according to a new poll that also reports 69 percent say President Obama’s regulatory policies have hurt their businesses.
http://washingtonexaminer.com/55-percent-of-small-business-owners-would-not-start-company-today-blame-obama/article/2509069#.UGMlxI1lQ18
Low-wage workers in Chicago are better educated, older and rely more on that income these days to meet basic needs than 10 years ago. And there are substantially more of them.
http://www.suntimes.com/15379932-761/low-wage-work-force-grows-30-as-the-number-of-jobs-shrinks.html
In another sign that the economic recovery under President Obama is not producing gains for average Americans, median household incomes fell 1.1% in August to $50,678, according to a report released Tuesday by Sentier Research.
Since the economic recovery started in June 2009, household incomes are down 5.7%, the Sentier data show, and they are down more than 8% since Obama took office.
http://news.investors.com/092512-626958-household-income-down-82-under-president-obama.aspx
Citing uncertainty over the impending “fiscal cliff” and lower demand overseas, an association of CEOs from top companies on Wednesday dropped its growth expectations for the third quarter to the lowest level since the middle of the Great Recession.
The Business Roundtable lowered projections for sales, capital spending and hiring in its latest CEO Economic Outlook Survey to the lowest level since 2009.
Read more: CEOs now see gloomy third quarter, drop growth expectations - Washington Times (http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7) http://www.washingtontimes.com/news/2012/sep/26/ceos-now-see-gloomy-third-quarter-drop-growth-expe/#ixzz27bJnaEc7
Follow us: @washtimes on Twitter (http://ec.tynt.com/b/rw?id=ctd-fI3Dar4z1uacwqm_6r&u=washtimes)
Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy, according to a new poll that also reports 69 percent say President Obama’s regulatory policies have hurt their businesses.
http://washingtonexaminer.com/55-percent-of-small-business-owners-would-not-start-company-today-blame-obama/article/2509069#.UGMlxI1lQ18