HuffPo: In the last year, lower-wage industries constituted 23% of job loss and 49% of job growth

[Amerigo Vespucci]

Jobs For Low-Paying Positions, Report Finds

http://www.huffingtonpost.com/2011/02/23/us-economy-trades-high-pa_n_827360.html

The Huffington Post Lila Shapiro First Posted: 02/24/11 03:25 PM Updated: 02/24/11 03:58 PM



Though the economy has added more than a million jobs over the last year, new positions have skewed towards relatively low-wage industries, the New York-based non-profit finds in "A Year of Unbalanced Growth: Industries, Wages, and the First 12 Months of Job Growth After the Great Recession." The report finds a "striking imbalance" between the jobs being added and those lost over the last year:

* Lower-wage industries constituted 23 percent of job loss, but fully 49 percent of recent growth

* Mid-wage industries constituted 36 percent of job loss, and 37 percent of recent growth

* Higher-wage industries constituted 40 percent of job loss, but only 14 percent of recent growth

[asjr]

1. Are we sure this is not the year 1911?

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