Obama Recovery FAIL: Majority Of Jobs Created Are Low Wage

low-wage-jobs.gi.top
(CNN)

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.

You Might Like

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning. Guest posting is disabled for security reasons.

You Might Like