Tuesday Talk: Are you feeling the recovery?
Economic and political leaders are quick to tout America’s comeback, but far too many Minnesota workers have been left out of the recovery. The state is failing to produce the same quality of jobs as before the recession, according to JOBS NOW’s analysis of DEED’s job vacancy survey. The low-wage service sector is driving much of the new demand for workers, with little sign of an overall shift to accommodate workers with advanced training. “Only 42 percent of job openings require education or training beyond high school—an even smaller share than four years ago when it was 44 percent. Similarly, only 25 percent of openings require a four-year degree, compared with four years ago when it was 29 percent.”
Wages have also declined. Minnesota’s median household income dropped roughly $5,000 since 2000, in constant 2011 dollars. Many believe this is a permanent, structural shift to a low-wage economy with far-reaching implications for people across our state.
This morning from 8-9:15, Chris Conry, TakeAction Minnesota’s Economy Program Manager, joins us to discuss the value of work in a 21st century economy.
Minimum wage, living wage, paid sick days… What policies will bring real economic stability to Minnesota workers?
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