Low-wage jobs rise at faster pace

[deacon]

Jobs in lower-wage industries and regions are growing at a faster pace than higher-wage jobs, suggesting job growth is less potent for the economy because the majority of new work isn't accompanied by fat paychecks.

Lower-wage jobs have risen more than 1.5% since U.S. employers started adding to their payrolls in September. Higher-wage jobs have also been created, but at a slower rate. Jobs in that category have increased a little more than 1% in the nine months through May, the period of most recent data.

[Wink]

1. McJobs are inflating job numbers.

Who cares if the jobs are poverty level and provide no health care, vacation days, or opportunity for advancement? Certainly not Chimpy Bush.

[D-Notice]

4. Precisely...

Who wants people to have a job which lifts them outta poverty? If they do that they'll be a threat to the rulers

They should be grateful do have a job at all!

[NeoConsSuck]

2. Deacon, I didn't see a link, so...

here is one:

http://www.usatoday.com/money/economy/employment/2004-06-29-jobs_x.htm

[izzie]

3. In Maine I see this right near to me.

The men working in making arms are doing well. The worker in health care is seeing cuts and people being laid off and not all in state jobs. The money to state children and care is being cut once more. So you see the people who buy and do things cutting back. First goes things like hair dressers. Gas stations have closed. Friend is ads for business type things making less money. It is like a feeling things are bad. I still do not understand the re-morg. of homes so you can keep your style of living up but I am told it is because I am old and have not kept up with how people live.

[teryang]

5. the savings of middle class families

...are being wiped out. The worst is yet to come.

[Eurobabe]

6. and don't forget those who have had their salaries

cut in half. Oh yeah, that's good for the tax base!