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Jobs may be out there, but they’re not really paying

Post on September 1, 2010 by 4 Comments »

For the thousands who have been handed pink slips in this recession, landing new jobs are supposed to offer relief and a way back to financial stability.

But that may not necessarily be the case. The New York Times offered this sobering take today on the changing job market, reporting that many of the available and new jobs out there are paying less than what the middle-income workers that took the biggest hits in the recession were earning.

The accompanying graphic offers a great visualization of this, using data from the National Employment Law Project, and showing that some of the lowest-paying industries (administrative, waste management, manufacturing, etc. with hourly wages of $8 to $21) are the ones that have grown the most since last December. It’s a not-so-rosy glimpse of what recovery could end up looking like.

Possibly related posts:

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  3. NC unemployment rate tops 10 percent, as public sector jobs eliminated

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Comments (Closed):4

  1. Alex Morris
    September 1, 2010 at 1:38 pm

    The private sector continues to shed jobs with no relief in sight.Increased uncertainty and confusing tax laws in the market continue to plague small business.

  2. Jack Driscoll
    September 1, 2010 at 3:24 pm

    Obama’s job-killing machine is gaining momentum !

  3. Jeff Shaw
    September 1, 2010 at 4:38 pm

    The government can definitely be doing more. That being said:

    http://www.businessinsider.com/chart-of-the-day-jobs-lost-in-the-bush-and-obama-administration-2010-2

  4. Alex
    September 1, 2010 at 5:22 pm

    For someone like me who has been out of work over a year, I’m not worried about what happened 4 or 5 years ago, but where are we going now, and what are our prospects for the future. It just doesn’t look like any progress at all, and in fact it looks pretty darn bleak out there..