July jobs show low pay and part time predominance
July added 162000 jobs but most were part time or low wage. Retail, restaurant, and bar sectors led gains while average pay fell to 23.98 per hour. Elizabeth Wilkinson, a Houston native, illustrates the squeeze with $15 hourly work plus part time gigs. Many firms use part time to dodge health coverage rules amid slow growth and automation shifts.
MENTIONED IN THIS ARTICLE
Washington
John Canally
LPL Financial
Boston
U.S
Labor Department
Moody’s Analytics
Steven Ricchiuto
Mizuho Securities USA
Elizabeth Wilkinson
Houston
Rice University
Wilkinson
Daniel Alpert
Westwood Capital
Obama May Miss Goal of Doubling Exports by 2015
The article notes Obama’s 2010 pledge to double U.S. exports by 2015, but warns the target looks out of reach due to weak manufacturing growth and a strong dollar. It cites stagnant monthly exports, modest job gains, and scepticism from analysts while highlighting administration and GOP disagreements on tax and spending proposals.
MENTIONED IN THIS ARTICLE
Obama
Washington
Barack Obama
U.S
White House
Labor Department
Alan Tonelson
U.S. Business and Industry Council
Chattanooga
Tenn
Illinois
Missouri
Florida
George W. Bush
America
Chad Moutray
National Association of Manufacturers
Europe
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