Jim Hightower's Radio Lowdown

To fix the Labor Shortage, Start With the Wage Shortage


Listen Later

At a recent congressional hearing on America’s so-called “labor shortage,” megabanker Jamie Dimon of JPMorgan Chase, offered this insight: “People actually have a lot of money, and they don’t particularly feel like going back to work.”
Uh… Jamie… most people are living paycheck to paycheck, and since COVID-19 hit, millions have lost their jobs, savings, and even homes. So, they’re not exactly lollygagging around the house, counting their cash.
Instead of listening to the uber-rich class ignorance of Dimon (who pocketed $35 million in pay last year) Congress ought to be listening to actual workers explain why they’re not rushing back to the jobs being offered by restaurant chains and such. They would point out that there is no labor shortage – there’s a wage shortage.
More fundamentally, there’s a fairness shortage. It was not lost on restaurant workers, for example, that while millions of them were jobless last year, their corporate CEOs were grabbing millions, buying yachts, and living large. Yet, more than half of laid-off restaurant workers couldn’t even get unemployment benefits, because their wages had been too low to qualify. Then there’s the high risk of COVID exposure for restaurant employees, an appalling level of sexual harassment in their workplace, and demeaning treatment from abusive bosses and customers.
No surprise, then, that more than half of employees said in a recent survey that they’re not going back to those jobs. After all, even a dog knows the difference between being stumbled over and being kicked!
So rather than demanding that government officials force workers to return to the old exploitative system, corporate giants should try the free-enterprise solution right at their fingertips: Raise pay, improve conditions, and show respect – create a place where people want to work!
For a straightforward view from workers themselves, go to the advocacy group, OneFairWage.site.
...more
View all episodesView all episodes
Download on the App Store

Jim Hightower's Radio LowdownBy Jim Hightower

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

338 ratings


More shows like Jim Hightower's Radio Lowdown

View all
The Rachel Maddow Show by Rachel Maddow, MS NOW

The Rachel Maddow Show

37,331 Listeners

Political Gabfest by Slate Podcasts

Political Gabfest

8,464 Listeners

Democracy Now! Audio by Democracy Now!

Democracy Now! Audio

5,795 Listeners

The Nation Podcasts by The Nation Magazine

The Nation Podcasts

434 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,208 Listeners

The Intercept Briefing by The Intercept

The Intercept Briefing

6,119 Listeners

The DSR Network by The DSR Network

The DSR Network

1,803 Listeners

Stay Tuned with Preet by Preet Bharara

Stay Tuned with Preet

32,402 Listeners

The Hartmann Report by Thom Hartmann

The Hartmann Report

1,373 Listeners

Gaslit Nation by Andrea Chalupa

Gaslit Nation

3,968 Listeners

Pitchfork Economics with Nick Hanauer by Civic Ventures

Pitchfork Economics with Nick Hanauer

1,505 Listeners

The Al Franken Podcast by The Al Franken Podcast

The Al Franken Podcast

8,611 Listeners

Justice Matters with Glenn Kirschner by Crossover Media Group

Justice Matters with Glenn Kirschner

2,951 Listeners

Letters from an American by Heather Cox Richardson

Letters from an American

6,258 Listeners

The Coffee Klatch with Robert Reich by Robert Reich

The Coffee Klatch with Robert Reich

262 Listeners