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Job market strength masks worker discontent and slow gains
As unemployment falls to 6.1 percent, Gallup finds the public mood the gloomiest in seven months. Despite 200,000-plus monthly gains and 4.6 million May job openings, many workers like Douglas Hunter see little benefit. Wages lag, inflation-adjusted earnings stay below pre recession levels, and many hold part time or unstable jobs.
MENTIONED IN THIS ARTICLE
Washington
D.C
U.S
Gallup
Douglas Hunter
Hunter
McDonald’s
Chicago
Labor Department
John Silvia
Wells Fargo
Steven Davis
University of Chicago