This story has been verified by the Huffington Post. In watching this film it is important to remember that one of the key attributes of a precarious labor market is the randomness of economic misfortune. Workers are not rewarded because of skills and degrees but the caprices of the market, which changes a whole lot faster than education and experience is acquired. It is beneficial to employers to have a precarious work force because for every person with a certain skill level and education that is homeless and starving the marginal wage for a position that would require those skills drops dramatically. To put it in human terms, because there are people like Maurice Johnson employers can pay in real wages new Electrical Engineers a fraction of what they did in the 1980s and 1990s with fewer benefits and less job security. This video was posted by 60Days60Nights on Youtube.com.
