Unemployment Is Much Worse Than You Think — Here’s Why.
Politico
Fast food workers earn 1,200 times less than CEOs, the widest disparity of any U.S. economic sector. McDonald’s employees make about $8.25 per hour on average before taxes, and the corporation tacitly acknowledges it pays poverty wages. The company drew flak last year for a website that advised its employees to budget by spending nothing on keeping their homes warm, finding a place to live that costs less than $600 a month and spending $20 a month on health insurance.
Adjunct professors make $18,000 to $30,000 for the equivalent of full-time work; compared to tenure track professors, who earn $68,000 to $116,000 (plus benefits), according to the American Association of University Professors.
Only three in 10 professors are tenured today, down from six in 10 in the 1970s. Recently, frustrations over the plight of adjuncts have boiled over in congressional hearings, online petitions and a two-day walkout at the University of Illinois.
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