Mid Wage News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mcdonald's says the video is not an accurate portrayal of the resource line and walmart says many of the employees are part-time by choice which helps explain low annual salaries. but the bottom line here is not about the he said/she said of the details, it's the glaring fact these are people with jobs struggling to get by in this economy. the question, is it time again to start talking about a $15 minimum wage? mid-wage jobs were hit the hardest during the recession. what's coming back? low-wage positions like those in fast food and retail. now, these used to be thought of as a gateway job fo...

Growing quickly, that can put some pressure on prices. historically, the federal reserve has overweighted the price part of the mandate and underweighted the jobs part of the mandate. ben bernanke's been very good on this. janet yellin's been very good on this. i actually think larry summers would be good on this as well. so it's very important that the federal reserve continues to target that unemployment rate as they've been. >> i feel like there must be folks watching who go, wait a minute, what? set the unemployment rate, right? >> roughly speaking. >> granted. and so i want you to give me...

The median age is 28 years old a woman, 32 years old. these are not the types of entry level training wage jobs i think they're sometimes characterized as. the types of jobs sometimes people believe they are. they are jobs more and more workers in this country will spend their careers in and jobs that pay very low wages by and large. >> we are seeing an expansion of low wage work broadly in the american economy. it's the story in many ways of the recovery from the great recession. the majority of these jobs created. higher wage jobs cut 19% of recession jobs loss and 20% of recovery growth. mi...

Older workers. people that have come out in tough job markets and they are clogging up the space. college grads, a lot of them are coming out and having to take jobs just to make sure they can make ends meet. >> 60% of jobs lost during the recession were considered mid wage but during the recovery, an almost identical percentage, 58% of new jobs have been low wage. the low wage openings that have increased over the last decade include food prep workers, customer service reps, registered nurses. secretaries, waiters, retail sales people and janitors. >> this is supposed to be the fourth year of...