The State of South Carolina’s $450 million incentive package to recruit Boeing is probably only the beginning of the costs associated with bringing badly needed industrial production jobs to the Lowcountry. With starting wages of $14 per hour and benefits which probably won’t match the generous allowances of years ago, many of these new jobs are not the lucrative economic drivers the higher pay and better benefits were at the Navy Yard years ago.
While fond hope must reside in the hearts of real estate developers and car dealers that this will revive the auto centric suburban sprawl of years past which left Mount Pleasant with 1500 empty houses, these wages aren’t going to support purchasing homes on Mount Pleasant’s suburban fringe, putting a child in daycare and covering a car payment.
Making a job at Boeing work on these wages will require providing residents with a life which is faster, more efficient and cheaper...
(h/t Indigo Journal)
High paying jobs are most important in the current economic situation.
ReplyDeleteMost of the companies in India and there are lots of job openings in various indian cities, which provides high salary.