Report

US – The Low-Wage Recovery and Growing Inequality , a report by the National Employment Law Project

This report updates National Employment Law Project’s previous analyses of job loss and job growth trends during and after the Great Recession.

The authors find that during the recession (2008 Q1 to 2010 Q1), employment losses occurred throughout the economy, but were concentrated in mid-wage occupations. By contrast, during the recovery (2010 Q1 to 2012 Q1), employment gains have been concentrated in lower-wage occupations, which grew 2.7 times as fast as mid-wage and higher-wage occupations. Specifically:

  • Lower-wage occupations constituted 21 percent of recession losses, but 58 percent of recovery growth.
  • Mid-wage occupations constituted 60 percent of recession losses, but only 22 percent of recovery growth.
  • Higher-wage occupations constituted 19 percent of recession job losses, and 20 percent of recovery growth.

Moreover, the unbalanced recession and recovery have meant that the long-term rise in inequality in the U.S. continues. The good jobs deficit is now deeper than it was at the start of the century: Since the first quarter of 2001, employment has grown by 8.7 percent in lower-wage occupations and by 6.6 percent in higher-wage occupations.

By contrast, employment in mid-wage occupations has fallen by 7.3 percent.

 

via New Report: The Low-Wage Recovery and Growing Inequality 

Discussion

3 thoughts on “US – The Low-Wage Recovery and Growing Inequality , a report by the National Employment Law Project

  1. vivek's avatar

    Thanks for your great information, the contents are quiet interesting.I will be waiting for your next post.
    jobs in biotech

    Posted by vivek | September 1, 2012, 11:57 am

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  1. Pingback: Study: 58% of Jobs Recovered Are Low-Wage « RubinoWorld - September 3, 2012

  2. Pingback: The Top 1% / 39% Of The World’s Wealth | Job Market Monitor - June 1, 2013

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