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PSN on November 8, 2007 - 10:06am
Good jobs - jobs that pay at least $17 an hour and provide health insurance and a pension -- declined by 3.5 million between 2000 and 2006 according to a new report by the Center for Economic and Policy Research. Key to the decline was the erosion of employer-provided health insurance (down 3.1%) and employer-sponsored pension and retirement-savings plans (down 4.9%).Confirming previous analysis of the failure of electricity deregulation, Power in the Pubic Interest found in a new study that the electricity costs in deregulated states galloped even further ahead of regulated states, with electricity prices in the deregulating states moving from 35% higher in 1999 to 56% higher than in regulated states. Consumers in the deregulated states pay almost $48 billion more for their power (in 2006 dollars) than they would pay if they were able to enjoy the average rate of the regulated states.