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Recovery Job Growth Concentrated In Low-Paying Occupations
Posted By kurtnimmo On July 26, 2011 @ 10:49 am In Economic Crisis,Old Infowars Posts Style | Comments Disabled
The Huffington Post
July 26, 2011
The Great Recession destroyed all kinds of jobs, but the not-so-great recovery has so far replaced the lowest-paying jobs at a much faster pace than higher-paying ones, according to a new analysis of Census Bureau data.
Workers navigating the current labor market are facing a “significant good jobs deficit,” said the National Employment Law Project, the worker advocacy group that crunched the Census numbers.
Low-wage occupations saw job growth of 3.2 percent from the beginning of 2010 to the beginning of 2011, while mid-wage jobs only grew by 1.2 percent, according to NELP. During the same time period, higher-wage jobs fell by 1.2 percent. In other words, there are more new jobs for retail salespeople, office clerks, cashiers and food prep workers than for machinists, managers, nurses and accountants.
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