Backtracking to my original contention that the job structure of the
dawning Post-Industrial Service Society is more akin to an hour-glass shape
in which unemployment will become increasingly severe for the averagely
endowed individual, strong evidence for this is given by recent reports
from two Washington-based think-tanks, <Center on Budget and Policy
Priorities> and <Economic Policy Institute>. They both say that the US
economic recovery of the 1990s has not narrowed the income gap between rich
and poor.
Nationwide, from the later 70s to the late 90s the average income of the
lowest-income families fell by more than 6%, while the average real income
of middle-income families grew by about 5%, and the average real income of
the top 20% increased by more than 30%.
I think this is eloquent proof that something serious is happening to the
structure of employment.
Keith Hudson
