Show I Jobs: Huge Losses Small Gains t 1200000 lz:Trf The Economy: Rising Nicely M ou IMMO 1011011 cm i p 11113 ' 00 milif ill L CM & fin 00- - C Ea el- - i'' Á A 0 Q A - '42'1''0 '' I if' il 40 tmErmituagT4 ilitammergno ' ' '''' ' 'Ii'' '''' "-elf! 1‘ JVre r4' 1'1 eif - 4 I ''?" ' J A-- '' "- ' :4''' A '' t Da ' '''' ' Li I ? mookg$ 1i I are keeping their prices low and profits high by exporting 1 countries with and much well-educat- I I FL000000t late 2011 as measured by the Gross Domestic Product (GDP) the market value of aM goods and services produced by the US The chart shows the percent change In the GDP with a high point during the third quarter of 2003 TURNED UPWARD in workers such as India China Russia and Brazil In the US a center worker earns $20000 a year in In lower-pai- jobs created as lost) 23 MILLION JOBS since the end of 2000 The chart shows the quarterly net job loss of jobs created minus jobs lost) since January 2001 The losses finally stopped in late 2003 (0-- No net change: As many have no health insurance and their number is increasing A national full-tim- 11 II Companies continue to cut retirement benefits and scale back health coverage or boost its cost to employees And many workers no longer can d afford or are ineligible for health insurance More than 43 million Americans—most of and employed— them middle-clas- s employer-sponsore- II poll last year found that most people would rather forgo a pay raise and maintain their health benefits than get a raise and take a significant reduction in benefits The Job Market Is Changing workers they've relied on temporary workers and on overtime work by current employees full-tim- e A recent study of employment trends in 70 industries found a major structural change in the labor market Temporary layoffs in a recession increasingly are becoming permanent job eliminations Many of those jobs are being transplanted to foreign countries In Employers have cut costs by consolidating operations and laying off workers who were hired during the Instead of hiring booming d call-lumb- er THE NATION HAS SUFFERED A NET LOSS OF s dia $2500 A computer c e offset the small pay raises of workers last year And some workers got no wage increase such as the airline and steel employees who accepted lower pay to help their employers avoid or recover from bankruptcy jobs to white-colla- r 1400000 8 (00No change) ECONOMY 11 -- M THE SAGGING I 600000 O O I 1 cheaper foreign labor markets Now service jobs are being exported as well Big and small US companies lilim041argw4)AmieellixameirOmpippoisAmiit 200000 ta13) - 011andifialloa fr have been moved to i sI 1 Kr'''' ' -I- 'il Ili ''''ff' 0 L - 404i IS I II :1111 I rroon 111i'ri1101166LL21 0 l'&(1 IV I"I 40 to : I 1111111111 the last six years more than a million manufacturing jobs programmer in America earns $56 an hour his Chinese cotmterpart $1230 an hour An experienced Wall Street financial analyst can make $250000 a year an experienced financial analyst in India $20000 Some 33 million jobs are expected to leave the US over the next 12 years including positions in computer programming law GAME: learn more about the economy and the jobs outlook and find out how you can partidpate in next year's salary roundup at wviveparadecom on the Web PLAY OUR SALARY SHOWDOWN late-199- i i - 44 X ti tq II V : Kenai Alaska Lea Hernandez 40 Comic Mist San Antonio Tex $77000 $14000 Philip Brower 30 Oilfield worker fr 1 t ' 2 Marilyn Monroe Late screen legend Brentwood Calif $8 million Anna Nicole Smith 36 Reality-T- V star Los Angeles Calif $1 million Thomas Thompson 32 Billing technician Albuquerque NM Wendy Sagen-MoraLibrary assistant Hilisbom Ore $30400 $22000 t 41 4 I t sft 1 7 Nicholas Grant 40 Air ambulance pilot Minn Minneapolis $30000 C Annette Boyd 30 Author Randolph Mass $2000 II l4 PARADE ' 12:bica h:-son- t 49 Athletic trainer Alexandria Va A57700 - Scott Stanley 41 Rx drug salesman Edmond Old& $155000 i i trit "C I 1P 1 1111 ‘l 1 4 Cbsistopher Belleau 43 Glassblower Providence Ili Deborah Ruggles 52 Bailiff Akron Ohio Paul Sinclair 52 $43000 $36100 $48000 Part-tim- e tennis pro Indianapolis t Ind Ann Solon 42 Wilderness totr operator Westminster Vt Shirley Rose 51 School bus driver Pemberton NJ Ronald Pierce 47 Harness race driver $26000 $23000 $495000 Clarksburg - - I i 011 400 Is! r n I t 1 MARCH 14 2004 PAGES I i NJ I |