”During the recession, employment losses occurred throughout the economy, but were concentrated in mid-wage occupations. By contrast, during the recovery, employment gains have been concentrated in lower-wage occupations, which grew 2.7 times as fast as mid-wage and higher-wage occupations. Specifically: • Lower-wage occupations were 21 percent of recession losses, but 58 percent of recovery growth. • Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth. • Higher-wage occupations were 19 percent of recession job losses, and 20 percent of recovery growth.” Source: NELP.org |
04 September 2012
• U.S. Post-Recession Job Gains Skewed to Lower Wages
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