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Does Minimum Wage Kill Jobs?
May 2010 · Richard Berman · Dayton Beach News-Journal
America is still waiting for “the recovery,” hoping that one morning we’ll read a newspaper headline declaring that the problems of the last few years are all behind us. The real recovery, however, is unlikely to be so tidy. While the stock market is up 65 percent from its low last year, millions upon millions of Americans are still unable to find a job. In Florida, the… -
Without Internships, Oprah Might Not Be A Mogul
May 2010 · Michael Saltsman · Detroit News
How bad is the job market? Forget layoffs, furloughs, and salary cuts — these days, people are paying for the privilege of working. Internships in the fashion industry have been selling for up to $42,500. That’s how much one job seeker paid for a one-week internship with Vogue magazine editor Anna Wintour. In comparison, an unpaid semester-long gig with designer Donatella Versace looks like a bargain at… -
Understanding Lost Jobs
May 2010 · Richard Berman · Asheville Citizen Times
Despite what you might hear from politicians spinning positive economic numbers at press conferences, it’s still rough out there in America. The Dow has regained much of its pre-recession strength, but last week’s 10 percent dip was a reminder of the uncertainty and fear remaining in the economy. And though the latest jobs report showed a modest uptick in hiring, millions upon millions of Americans are still… -
Outlook Bleak For Teen Summer Jobs
May 2010 · Michael Saltsman · South Florida Sun Sentinel
The good news is that your teens will have plenty of time to learn about Roman mythology this summer. The bad news is that they’ll do so by playing the ultraviolent videogame “God of War III.” They’ll need something to occupy their summer days, as getting a job is unlikely. A new Bureau of Labor Statistics report shows the unemployment rate for high school graduates in the… -
What Lies Behind Lost Jobs
May 2010 · Rick Berman · Chicago Tribune
America is still waiting for “the recovery,” hoping that one morning we’ll read a newspaper headline declaring that the problems of the last few years are behind us. The real recovery, however, is unlikely to be so tidy. While the stock market is up 65 percent from its low last year, millions of Americans are still unable to find a job. In Illinois, the unemployment rate is… -
Playing Video Games No Substitute For Teen Jobs
May 2010 · Michael Saltsman · Detroit News
Good news: your teens will have plenty of time to learn about Roman mythology this summer. The bad news is that they’ll do so by playing the ultraviolent videogame “God of War III.” They’ll need something to occupy their long, hot summer days, as getting a job is unlikely at best. A new report from the Bureau of Labor Statistics (BLS) shows that the unemployment rate for…