Friday, August 31, 2012

Catherine Rampell — Majority of New Jobs Pay Low Wages, Study Finds

While a majority of jobs lost during the downturn were in the middle range of wages, a majority of those added during the recovery have been low paying, according to a new report from the National Employment Law Project.

The disappearance of midwage, midskill jobs is part of a longer-term trend that some refer to as a hollowing out of the work force, though it has probably been accelerated by government layoffs. 
“The overarching message here is we don’t just have a jobs deficit; we have a ‘good jobs’ deficit,” said Annette Bernhardt, the report’s author and a policy co-director at the National Employment Law Project, a liberal research and advocacy group.
The New York Time | Business Day
Majority of New Jobs Pay Low Wages, Study Finds
Catherine Rampell

Welcome to Third World America.


Leverage said...

Same shit in Europe.

Neo-feudalism coming to a place near you.

Trixie said...
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Mark Plus said...

I could see 20 years ago that the trend in the U.S. towards ridiculous and humiliating servility jobs instead of work in tangible production wouldn't end well.

Working in a factory has its drawbacks, of course, but at the end of your shift you can look at the pile of useful stuff at the loading dock and know that you helped to add to the wealth of the country. I never felt that way from the various servility jobs I had working for companies like Target and Walmart.