Spotty job market clouds Labor Day
Pocketbook issues could be important in the election
http://www.msnbc.msn.com/id/5921594/WASHINGTON - - A spotty job market and stagnant paychecks cloud this Labor Day holiday for many workers, highlighting the importance of pocketbook issues in the presidential election.
"Working harder and enjoying it less," said economist Ken Mayland, president of ClearView Economics, summing up the state of working America.
Voters say jobs and the economy are among their top concerns in an election year marked by a struggling labor market seemingly unable to gain footing.
"If a company experiences an increase in demand that cannot be met with the current work force, it may find alternatives to hiring full-time employees, such as outsourcing overseas or contracting with a temporary help agency," said John Challenger, chief executive of Challenger, Gray and Christmas, a job placement and research firm. That is a concern for President Bush's re-election campaign, which had tried to make the case that the economy was "turning a corner."