Report finds quarter of Pennsylvanians experience underemployment--but CEO pay is up!

New study finds that more than a quarter of Pennsylvanians experienced joblessness or underemployment in the past year. Don't worry: CEO pay in Pennsylvania went up 23%.

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Report finds quarter of Pennsylvanians experience underemployment--but CEO pay is up!

POSTED: Friday, September 2, 2011, 11:51 AM
Filed Under: Labor | News

If you're reading this from home right now, you're not alone: a new study from the liberal Keystone Research Center finds that more than a quarter of Pennsylvanians experienced joblessness or underemployment in the past year.

Republican Governor Tom Corbett and the GOP-controlled legislature have, like the federal government, made the problem worse by cutting government programs at a time when the private sector refuses to spend. Labor groups and many economists are pushing President Obama to offer a bold jobs initiative next Thursday.

“The problems in our economy are self-inflicted,” says co-author Stephen Herzenberg, PhD, an economist and the center's Executive Director in a press release. “A bold shift of economic policy could restore growth and competitiveness, while bolstering the middle class.”

It's not totally bleak: CEO pay in Pennsylvania went up 23 percent in 2010.

Posted by Daniel Denvir @ 11:51 AM  Permalink | 1 comment
Comments  (1)
  • 0 like this / 0 don't   •   Posted 11:03 AM, 09/06/2011
    The solution is simple: Everyone just needs to become a CEO. Duh. Then we'd all get paid and never have to pay taxes or look out for our fellow human beings.
    Rancho


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