Did You Hear the Flakes Yesterday Morning?
Lower Wage Workers Pessimistic About the Future
While lower-wage American workers have accounted for the lion’s share of the jobs created the last few years, a new survey shows that they are also among the most pessimistic about their future career prospects, their job security and their finances.
The survey revealed that many people on the lowest rung in the workplace view their jobs as a dead end. In addition, 41 percent of workers who had been at the same place for more than a decade reported never receiving a promotion.What’s the issue? 44 percent of employers surveyed said it’s hard to recruit people with appropriate skills or experiences to do lower-wage jobs, particularly in manufacturing. Half were “not too” or “not at all” confident that their jobs would help them achieve long-term career goals; and only 41 percent of workers at the same place for more than a decade reported ever receiving a promotion.