EXCLUSIVE: Workers still very tentative on change, 31% still uncertain they will enjoy same level of job security after 2019
The Big Changes
As the clash over the non-renewal of contracts in an excellent Forbes article elucidates, the salaried and non-salaried workforces are now different. The salaried ones have no reason to fear the end of the coverage insurance, the possibility that they will lose their jobs without cause; the non-salaried ones may gain nothing from the same. Even the existing free health care for employees who leave their jobs, and the company that the employee leaves, will no longer be granted the right to pay out a total of 70% of the premium for that employee for up to five years and up to twenty years after that employee signs on for a new one, a month after the non-renewal in the case of the salaried workforce. In the case of the non-salaried, in this case, especially the students, the survival risk is very high.
I would imagine that in comparison to the non-salaried there is still much skepticism and some fear concerning the creation of a new working order. But last week's announcement made by the head of the US Federal Reserve, Janet Yellen, accompanied by the change in the implementation of the healthcare plans of the major labor unions, mean that the gap has not disappeared but is just being squared off.
The Ladies and Gentlemen of Congress,
I would like to call your attention to the possibility that, as had already been predicted by some observers, last week, without any negotiations, some eight million Americans lost their jobs. As confirmed by a post on the L'artista blog that I wrote a few weeks ago - had we not experienced the end of the Bretton Woods era, millions of workers may have died without notice and without having been recognized - our workmates are still not aware of the change. As the health care system has changed, the situation in some areas is still subject to volatility. As it is, 46.2% of our own citizens have been rendered unemployed from the payroll in a process that is surprisingly slow and flexible. Some private business have not yet been able to lay off workers because they have to cover them internally. There is a constant fear of a labor collapse throughout all industries in which 25.6% of our citizens live, in agriculture, service and construction and 22.6% in retail, restaurants and services. And although the situation in the last few years has passed through panic and losing confidence in the nation, this uncertainty can eventually cause deeper problems.
Workers and employers are desperate and only through the political act of lowering the rate of the growth of wages for the past 4 years, and making only $0.50 per hour difference in terms of increase on the minimum wage, can we hope to overcome this uneconomic labor situation, and that for every dollar we make in the US the world accepts an extra 10 cents. In this case if the world, as we have lost hope, eventually returns to the level of $300 per hour (where it stood between 2000 and 2008), there may be an 8 million reversal of the Job loss trend.
If not, you should be aware that the world community will lose its political leadership, that it will fall apart and that the person who will lead it will in the future be from either a developing or an advanced country and it will likely be a woman.
Anojo (wo)la Peito!
Federico Abruzzo, President
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