Kotkin Poverty Q1

Published by Paola Avendano on

High-paying blue collar work is the key. Right now we are producing some very high paid work (mostly in the Bay Area) but 80 percent of jobs pay below medium and half of those pay under $40,000. Those are essentially working poverty levels. There also needs to be more emphasis on practical training in the schools, rather than the current emphasis on indoctrination. Finally we have to keep chasing away mid-level employment, such as Toyota, Bechtel, Parsons, Mitsubishi, Nissan, and many more. These firms provide long-term steady jobs at different skills levels.