US employment continues to grow while unemployment continues to shrink, but wages have been stagnant for more than a decade. What’s the reason, and is there a solution to the middle-classes declining standard of living?

Sheffield. Jamaica Correspondent-That question has lingered on my mind for years. Sadly, that condition doesn’t only exist in America, but is a global crisis.

Regardless of how the employment figure looks – whether it increases or decreases – wages will remain the same. It all boils down to one word – greed.

Corporations and big businesses are so driven and filled with greed, that they are willing to keep wages stagnant irrespective of how affluent and profitable their business becomes. Continue reading

Statistics released from the Labor Department report that over 94 million Americans are either out of work or underemployed. How can this crisis be solved and out-of-work Americans returned to the job force?

Owatonna, MN Correspondent-In the long run, the unemployment/underemployment crisis will resolve itself because Baby Boomers, the largest demographic group in the country, are retiring at an increasing rate. Their positions will be filled by younger workers as all generations after the Boomers move up a notch in the workforce.

The real crisis is in the short term—the next five years or so. Training is the big issue. New jobs are being created due to new technology, but schools can’t possibly be at the forefront of training because they are slow-moving dinosaurs with regard to responding to what employers and the marketplace want and need for job skills. Continue reading