Future jobs won’t support decent living standard: Report

YAHOO NEWS: … The study, commissioned by the nonprofit group Wider Opportunities for Women, looks at how much income it takes to support a basic standard of living for an American family–and finds that many of the jobs of the future won’t pay enough to provide that…

The study then finds that, according to Labor Department projections, fewer than 13 percent of jobs to be created by 2018 will meet the economic security threshold for a single parent with two kids. Forty-three percent of those jobs will meet the threshold for a two-income household.

In other words, most of the jobs of the future aren’t likely to pay enough to offer the kind of stable, middle-class existence that for much of the 20th century was seen as the American birthright…  (more)

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