Detroit News: Blue-collar workers hanging on by a thread
The Charlie’s Travels series for the Detroit News has this very sad look at the metro Detroit job environment today: Blue-collar workers hanging on by a thread.
A snippet:
Schaefer Screw is in an industrial section of Garden City north of Ford Road, about two miles west of Detroit.
My brother Bill Parker and his wife Kim work there. Bill, 35, made $70,000 shuffling subprime mortgages for Rock Financial in 2006. He used to wear suits and now he wears oily jeans making $8.50 an hour counting and cleaning screws. For Christmas, he got a $43.80 bonus and evicted from the house he wrote the mortgage on.
“Dude, I was making more than that in high school,” he said. Then he recited the new battle cry of a generation: “I’m just glad to be working.”
Posted: February 25th, 2010 under Financial crisis / recession, In the News.
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