Job Market Grows…in Low-Wage Industries
The good news is that over the past seven months the private sector has added 630,000 jobs, demonstrating that there are some employment opportunities available to out-of-work Americans. The bad news is that that represents only 7.4% of the jobs lost in the last two years and many of these new positions are the lowest-paying.
Using data from the Bureau of Labor Statistics, the National Employment Law Project concluded that 76% of job growth has occurred in industries that pay $15 an hour or less and barely 6% has been in industries with median wages of more than $17.42 an hour.
Many of those who found work this year accepted positions in retail sales, as cashiers or in food preparation—industries with median wages below $10 an hour.
http://www.allgov.com/Top_Stories/ViewNews/Job_Market_Grows__in_Low_Wage_Industries_100903