"Recovery" Has Created Far More Low-Wage Jobs Than Better-Paid Ones

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[ARCHIVED THREAD] - "Recovery" Has Created Far More Low-Wage Jobs Than Better-Paid Ones

Posted: 4/28/2014 5:42:12 PM EDT

WASHINGTON
— The deep recession wiped out primarily high-wage and middle-wage
jobs. Yet the strongest employment growth during the sluggish recovery
has been in low-wage work, at places like strip malls and fast-food
restaurants.

View Quote

In essence, the poor economy has replaced good jobs with bad ones. That is the conclusion of a new report
from the National Employment Law Project, a research and advocacy
group, analyzing employment trends four years into the recovery.

<....>

With
joblessness high and job gains concentrated in low-wage industries,
hundreds of thousands of Americans have accepted positions that pay less
than they used to make, in some cases, sliding out of the middle class
and into the ranks of the working poor.

That includes Connie Ogletree, a former administrative and executive assistant who now earns $7.25 an hour at a McDonald’s
in Atlanta. "It was 40 years ago that I had my first fast-food job, at a
Dairy Queen,” said Ms. Ogletree, 55. "This is my second.”

http://www.nytimes.com/2014/04/28/business/economy/recovery-has-created-far-more-low-wage-jobs-than-better-paid-ones.html?partner=rss&emc=rss&smid=tw-nytimes&_r=1

Posted: 4/28/2014 5:43:04 PM EDT

[#1]

I miss Bill Klinton...there were plenty of jobs when he was in office.

I had THREE of them.

Posted: 4/28/2014 5:43:36 PM EDT

[#2]

No shit. Welcome to the service economy, I'll take a Grande Latte please.

Posted: 4/28/2014 5:45:22 PM EDT

[#3]

Obamanomics, explained in 6 words. "Do you want fries with that?"

Posted: 4/28/2014 5:45:28 PM EDT

[#4]

The NY Times selling the "Obama Recovery" down the river???? WTF is going on?

Posted: 4/28/2014 5:48:28 PM EDT

[#5]

the country is not rich right now, similar to the malaise of the late 70's

Posted: 4/28/2014 5:49:50 PM EDT

[#6]

But barak told us that the democrats are all about helping the middle class.

Posted: 4/28/2014 5:51:34 PM EDT

[#7]

Quote History

Quoted:
The NY Times selling the "Obama Recovery" down the river???? WTF is going on?

View Quote

Preparing to blame the shitty economy on the Kenyan, so Hillary can come in and "save us".

Posted: 4/28/2014 5:51:46 PM EDT

[#8]

Quote History

Quoted:

But barak told us that the democrats are all about helping the middle class.

View Quote

Nobody in government is about helping the middle class. Government can't control the middle class.

Posted: 4/28/2014 5:52:20 PM EDT

[#9]

Quote History

Quoted:

the country is not rich right now, similar to the malaise of the late 70's

View Quote

In the late 70's we made things. Now we cook french fries.

Posted: 4/28/2014 5:54:47 PM EDT

[#10]

Still GWB's fault and the GOP for blocking Obungo's efforts.

Posted: 4/28/2014 5:55:59 PM EDT

[#11]

Quote History

Quoted:
No shit. Welcome to the service economy, I'll take a Grande Latte please.

View Quote

There is construction and oil field work.....but wait I don't want to move from my city or get my hands dirty. That shit's for immigrants.

Posted: 4/28/2014 5:56:48 PM EDT

[#12]

Quote History

Quoted:
The NY Times selling the "Obama Recovery" down the river???? WTF is going on?

View Quote

Not at all, it's a "raise the minimum wage to $10.10" piece.

Posted: 4/28/2014 5:57:52 PM EDT

[#13]

Obama (may fuck be ever upon him) is not the sole father of this particular goat fuck. Send everyone to college to get inflated grades in financially worthless fields of endevour, turn the US into a service economy and sign onto free trade agreement after free trade agreement in rapid succession so that the economy has no time to digest the initial results, and all the while increase the payouts to the dole and nobody should be surprised that this is the result.

No more mining here, we're saving the earth by putting up walmarts.
No more timber industry here, we're saving the trees by building starbucks.
No making, no building, no farming, no fire, no shit.

Fuck. This. All.

Posted: 4/28/2014 6:10:04 PM EDT

[#14]

Quote History

Quoted:
I miss Bill Klinton...there were plenty of jobs when he was in office.

I had THREE of them.

View Quote

That was because of the tech boom.

Posted: 4/28/2014 6:12:11 PM EDT

[#15]

There has been no recovery. More Americans on extended unemployment or EBTs than ever before. Wait for one of these:

1) Interest rates rise;
2) derivatives market crash;
3) federal reserve note toppled as the world's reserve currency.

Any one of these will unveil the global depression that we've been in.

[ARCHIVED THREAD] - "Recovery" Has Created Far More Low-Wage Jobs Than Better-Paid Ones

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