Each month, when the new jobs report is released, we are bombarded with news about the unemployment rate. And lately, the news has been mostly optimistic, with the unemployment rate slowly decreasing since its high of 10 percent in October of 2009. But what’s not being talked about is what these new jobs are. Specifically, higher-paying jobs are being replaced with lower-paying jobs, and while American workers continue to be more and more productive, wages are lagging far behind. Meanwhile, corporations – facing increased pressure by Wall Street to meet short-term expectations – have increased their profits by 84 percent …Read more »