U.S. facing increasing salary gaps by Milota Sidorova

Dynamics of American job market are changing – only few days after August unemployment report and weak projections, new trends are appearing. But they may not be socially beneficial. Americans that are currently the richest people in the world may overcome major change in the society where the wealth will move on both sides – literally there will be a significant gap between classes. While job paid projections suggest the most skilled proffesions will feel salary increase, jobs requiring only average or lower education will move the opposite way. We are talking about salary increase between lawyers, doctors, software engineers, etc and significant salary drop fo! r clerks, factory workers, industry workers. They will move down to the lowest paid group of people who work as nurses, home aid care assistants and shop assistants.The fact the middle class will be eliminated is considerable threat for the society, if seen from more perspectives. It will deepen class differences and living standards gaps, followed by different taxation, economy and consequentially environmental issues. Unemployment rate reached 9.6 percent last month and has become a major topic of both parties running for November congressional elections. There is public benefit on one side, but also crucial exam of politics on the other side. President Obama has introduced a plan that would ease unemployment that didn't move under 9 percent in past 16 months. U.S. is preparing for construction of more than 200,000 kilometers of highways, 6,000 kilometers of railways in several major projects that should hire many who lost their jobs for instance in real-estate industry.
related story (sgx18153): http://news.yahoo.com/s/ap/20100905/ap_on_bi_ge/us_employmen...

by Milota Sidorova for Cantell TV (http://cantell.tv)

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