Recovery Has Created More Low-wage Jobs Than Higher-wage Jobs
The ongoing sluggish economic recovery has seen the strongest employment growth in low-wage work, at places like strip malls and fast-food restaurants, despite the fact the recession wiped out primarily high-wage and middle-wage jobs. A new report from the National Employment Law Project, a labor research and advocacy group, concludes the poor economy has replaced good jobs with bad
ones. The report shows that total employment has finally surpassed its
pre-recession level, but job losses and gains have been skewed. Higher-wage industries—like accounting and legal work—shed 3.6 million positions during the recession and have added only 2.6 million positions during the recovery. But lower-wage industries lost two million jobs, then added 3.8 million. New York Times reporter, A. Lowrey.
