In what may be a piece of good news for the roughly 3 million people that currently earn the bare minimum wage of $7.25 per hour, the Democratic Party will be endorsing a $15 an-hour wage at their July 2016 convention. This means that their “platform” will be setting that level as a goal for their party. If this increase ever does go into effect than anywhere from 3 to 15 million low income households will be earning more money at their jobs each week.
The truth is that anyone that wants a job can get one as there are employment opportunities all over the place, in all sorts of fields. The latest government JOLTS report, or Job Openings and Labor Turnover Summary, shows that about 5.3 million jobs are available in this nation. That is a record amount of unfilled positions, even going back to when the economy was very strong in the early 2000s.
We found this statistic incredible. The ride-sharing company Uber now has over 400,000 drivers in the United States, all of whom are considered to be contractors. Some of them work part time for the company, other drivers do this full time. In either case, because these Uber drivers are considered to be contractors they are not entitled to the same benefits and protections as “full time employees”.
This is indicative of how the economy has changed, and continues to evolve, in 2016 and going forward. Workers are losing many of their protections and taking these contractor roles. While of course some of them prefer to do this, many others are forced to work as contractors due to the changing job market.