Thursday, September 6, 2012

Most jobs created under Obama are low-income like retail and food services, mid-wage jobs haven't come back-Bus. Insider

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9/4/12, "Middle Class Jobs Are Being Replaced By Burger-Flipping, Retail Sales, And Other Lousy Low-Pay McJobs," Business Insider, Aaron Task

""Mid-wage" occupations suffered 60% of job losses during the recession but only 22% of the growth during the recovery.
  • "Low-wage" occupations accounted for 21% of the losses and a whopping 58% of the growth.

In other words, NELP found what many Americans already know: The market for middle class jobs has shrunk and most of the jobs that have been created during the recession are in low-income areas like retail and food services.

"In short, America's good jobs deficit continues," NELP said in a summary of the study. "Policymakers have understandably been focused on the urgent goal of getting U.S. employment back to where it was before the recession…but our findings underscore that job quality is rapidly emerging as a second front in the struggling economy.""...via Free Republic


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