Fast-food workers, dishwashers, cashiers top the list
The United States may soon have to replace the expression, “the land of opportunity,” with “the land of low wages.”
While the job market may still look grim for those looking to replace their good-paying office or manufacturing jobs, opportunities are expected to abound for a host of jobs paying less than $10 an hour, everything from cashiers to home care aides.
“If you look at the job growth distribution of the last two recoveries, it suggests we’re going to see growth of a lot more lower-income jobs,” said Peter Creticos, president and executive director for the Institute for Work and the Economy. He said that the lowest net growth was among middle-income jobs, such as manufacturing or office jobs, in the prior two recoveries. It remains to be seen what will happen with this recovery, he added, but “there is no indication this recovery will be any different.”
Low-wage jobs have always been part of the economic landscape, but wages have been suppressed for many years now. Part of the reason is supply and demand, Creticos said, as the huge baby boomer labor pool flooded the job market and, thanks to the bad economy, are working longer, many past retirement age.
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7 comments:
An the illegals will get everyone of them.
The jobs are low paying because illegals have suppressed wages.Why pay someone a decent wage when an illegal will work for literally half the cost?
I know, clocks ticking.
how bout the police they are in the top ten aren't they? Wont have to worry for long because OBAMA is going to redistribute the wealth and all jobs will earn the same. SOCIALISM is coming if it isn't already here!
how about cafeteria workers for wcboe.
The race to the bottom, and the coach's team is in DC.
Creticos is being a trifle crafty in his statement about baby boomers having to work past retirement age due to the "bad economy"....hundreds of thousands of those baby boomers had their retirement wiped out by the greed and criminal actions of CEO's who STOLE the 401(k) money from their employees...like Enron and the like, including Bears and Stearn. Bad economy? Thats what makes young people work part-time for minimum wages....Theft and greed?? Thats what makes your mom and dad become greeters at Wal-Mart.
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