Skip to comments.Most jobs created in this recovery are low-wage, study finds
Posted on 05/01/2014 11:47:51 AM PDT by Oldeconomybuyer
A majority of the new jobs created in the four years of the recovery have been in low-wage sectors, according to a new report released this week.
Deep into the recovery, job growth is still heavily concentrated in lower-wage industries, said the National Employment Law Project, a progressive research group which has been pushing for Congress to increase the minimum wage.
Lower-wage industries accounted for 22% of job losses during the recession but 44% of employment growth over the past four years.
(Excerpt) Read more at blogs.marketwatch.com ...
Wasn’t there some book where a positive word was used over and over again to refer to something it so definitely was not...
maybe that was 1984...
Raise the minimum wage to $30 per hour, make them all middle class.
‘Give America a raise ‘
Must be why ****head in the White Hut is trying to pass an increase in the minimum wage. He wants to turn low wage jobs into high paying jobs so his job approval numbers can improve. LOL! Oh man. Communist DemocRATS are something else. The government forcing a “fries guy” job into becoming a “good, high paying job” requiring a Ph.D in Angry Women Studies. Whadda country!
Of course, there were those, but also plenty more real jobs paying good money, but the "news" media didn't want to report on those.
The territory that was once known as “the United States of America” has been living in a depressed economy comparable the original Great Depression of 1930-1940. The more obvious signs of financial reality have been disguised by massive wealth transfers, and by manipulations of the monetary supply (referred to as “quantitative easing”) that have artificially propped up the stock markets. Meanwhile, real measures of relative average wealth are falling precipitously, and whatever “growth” there is more akin to the growth of a cancerous tumor, threatening the very existence of the rest of the economy.
Other lost terms are “homeless,” and “right to privacy.”
I grabbed that pic, good one!