I found this article to be an interesting little summary of some of the things that have occurred throughout the Great Recession. Some of the figures stated were a little surprising to me. The article states that, “The Pew Research report said that only 38 percent of re-employed workers are earning more than they did at their former jobs”. I found it surprising that Reuters thought this figure was low which is evident when they say “only 38 percent”. I think it is surprising because a person getting re-employed generally would settle for a little less just to become employed again and 38 percent here seems like a pretty large percentage who is receiving a salary higher than before. Then the article states, “Even so, nearly 80 percent of re-employed workers say they are satisfied with their current jobs”. Reuters seems surprised that this figure is so high but in my opinion I would expect the figure to be very high given the high unemployment that our economy is experiencing. With such a high unemployment rate, this portion of the labor force that was laid off really should be happy solely for the fact that they were able to find a job again.
I found this article to be an interesting little summary of some of the things that have occurred throughout the Great Recession. Some of the figures stated were a little surprising to me. The article states that, “The Pew Research report said that only 38 percent of re-employed workers are earning more than they did at their former jobs”. I found it surprising that Reuters thought this figure was low which is evident when they say “only 38 percent”. I think it is surprising because a person getting re-employed generally would settle for a little less just to become employed again and 38 percent here seems like a pretty large percentage who is receiving a salary higher than before. Then the article states, “Even so, nearly 80 percent of re-employed workers say they are satisfied with their current jobs”. Reuters seems surprised that this figure is so high but in my opinion I would expect the figure to be very high given the high unemployment that our economy is experiencing. With such a high unemployment rate, this portion of the labor force that was laid off really should be happy solely for the fact that they were able to find a job again.
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