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Half A Million People With College Degrees Are Working For Minimum Wage


Business  (tags: labor, minimum wage, minimum wage workers, economy, corporate, society, politics, news )

AWAY AWHI
- 1568 days ago - thinkprogress.org
There were 260,000 Americans with bachelor's degrees earning the federal minimum wage of $7.25 an hour or less in 2013, according to the Bureau of Labor Statistics' newest annual snapshot of minimum wage workers



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Comments

Freya H (358)
Monday March 31, 2014, 6:51 pm
All part of capitalism out of control! These for-profit colleges dangle a lure of a better job, and students shell out thousands for B.S. education - then can't get work in the field of their hopes. I got a certificate in web design recently, but can't get a job in that field no matter how many messages I send!

One suggestion I have heard batted about is going back to the apprentice/journeyman (journeyperson?) system in which you apprentice to someone already in the field where you want to work, whether fixing cars or writing computer programs. Forget our so-called education system, which is the excrement of male bovines!
 

Past Member (0)
Monday March 31, 2014, 7:07 pm
Yes I know 7-9 young adults personally that have college degrees and yet cannot get a job in what they went to college for so they are working part time minimum wage jobs hoping to find something better, this country is going down the tubes but the jerks running it don't get it. They shipped all the good jobs over seas with NAFTA and then sunk the economy with greed over money and now they wonder why people can't make it or spend money to help the economy? Yeah right
 

Vicky P (476)
Monday March 31, 2014, 7:18 pm
that's really depressing :/
 

SusanAWAY Allen (219)
Monday March 31, 2014, 10:45 pm
Noted and shared. So sad and even sadder still that the top 1% have the conservative base believing that the reason they're having problems is because of all the takers and of course because of the Kenyan, black man sitting in the white house that stole the presidency, not once but twice.
 

Edo R (71)
Tuesday April 1, 2014, 12:03 am
Thanks for sharing!
 

Past Member (0)
Tuesday April 1, 2014, 1:59 am
This is the same in the UK. I know a man who qualified as a dentist and is working as a gardener. Some people would say that he should emigrate in order to find more suitable work but he is looking after his aging parents and in doing so he is not only penalizing himself but is also saving the government a lot of money in the process.
 

Past Member (0)
Tuesday April 1, 2014, 3:16 am
Sad. Ty Cal.
 

Gene J (290)
Tuesday April 1, 2014, 5:10 am
" In fact, the vast majority of workers who would benefit from a minimum wage hike are adults who work to pay rent, cover hospital bills, and feed families. One in five American children has a parent in that group. Fast food workers one of the largest subsets of minimum wage workers are disproportionately black and female compared to the overall population."

There are plenty of men and women who held good paying jobs before the 2008 crash that have yet to find employment with salary and benefits that approach what they earned before. As this points out, these are not teens, they are not young college graduates, they are legion and they are our neighbors and friends. This is not helped by the refusal of major employers to recognize the value in older workers. It is not helped by the realization by many employers that hiring part time workers, including some in this demographic (I read a story yesterday about a woman with a Ph. D. in history who was once a full professor, but without tenure who can now only find adjunct jobs for about $17,000 a year total, a fraction of what she once earned and without benefits or protections) who have yet a lot to give to our country and our world. We are regressing in terms of our civilization, our treatment of each other. We have lost the heart and soul of this country to greed. That is the great American tragedy of this century, perhaps a world wide tragedy. We have to find ways to create sustainable employment at wages that afford all of us an opportunity to live the "American Dream" once more, or the consequences we pay will be far more than economic.
 

Winn A (179)
Tuesday April 1, 2014, 7:09 am
No surprise here. Just because you have a degree (s) from college does not mean it will help you get jobs in this economy.
 

. (0)
Tuesday April 1, 2014, 1:35 pm
As there has been no growth spurt in any retail/manufactoring/white collar industries in years, this is sadly, not a surprise.
 

Lois Jordan (63)
Tuesday April 1, 2014, 3:12 pm
I really wish Congress had addressed the minimum wage issue and raised it when Dems had control of Congress for the first 2 yrs. Obama was in office. And, with all the tax dollars spent by the Pentagon, we could afford free college for all. Funny how we couldn't get any "progressive" bills shoved through Congress in those 2 yrs......
The Health Insurance Reform bill doesn't count because it still put insurance companies in charge and allowed them to continue profiting off people's illnesses. I don't count the Financial Reform bill either because it didn't bring back Glass-Stegall, and so many of the items passed in it have gone unfunded, and were full of loopholes.
 

Casandra Barrera (15)
Tuesday April 1, 2014, 7:35 pm
important inforation
 

Trent B (0)
Tuesday April 1, 2014, 10:04 pm
Capitalism's part of it. By making America a net importer, and paying for it with debt, outsourcing jobs was an obvious way to make higher profits. So US companies invested in overseas production instead of domestic production. They knew that the US would keep the $ exchange rate high, so they had a safe market for their products and no risk. It is a common fallacy that US consumers have benefited from lower prices, but the data doesn't support that. Real income is corrected for inflation, and this has been flat. Ordinarily income should have tracked productivity increases, but over the last 4 decades in order to match productivity, we'd need a >70% real pay increase. Obviously, anything we might have gained was more than offset by depressed wages from rampant immigration. Meanwhile, profits and the income of the top 0.1% skyrocketed, so most of the cost reduction resulted in higher profits, not lower prices. The US consumer has essentially paid for corporations to get rich and expand overseas operations with zero risk and at no expense but our own.

But it's not just Capitalism and it's not just conservatives. The left-wing's fetish for state education is also at the root of this. College degrees have lost a lot of their value because we've made going to a four-year university a rite of passage, something everyone has to do to succeed, and we've made it accessible to everyone, even those who can't afford it, through government-backed student loans (which they'll probably never be able pay back). Can't have you going to a cheaper community college or trade school, of course, because those are so totally for low-class, blue-collar losers, even though they're probably getting paid more than you, have better job security, and don't have to compete with a thousand other people for one job. You must go to a four-year university and study Lesbian Dance Theory to be successful.
 

Jonathan Harper (0)
Saturday April 5, 2014, 2:45 pm
Ty
 
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