Obama Recovery FAIL: Majority Of Jobs Created Are Low Wage


It seems that Obama’s economic recovery has been a big fail. According to an article on NDTV.com, the majority of the jobs created have been low wage jobs:

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.

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.

“Fast food is driving the bulk of the job growth at the low end – the job gains there are absolutely phenomenal,” said Michael Evangelist, the report’s author. “If this is the reality – if these jobs are here to stay and are going to be making up a considerable part of the economy –

Read more here.



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