Tuesday, July 26, 2011

Job Growth Concentrated In Lower Paying Occupations

WASHINGTON -- The Great Recession destroyed all kinds of jobs, but the not-so-great recovery has so far replaced the lowest-paying jobs at a much faster pace than higher-paying ones, according to a new analysis of Census Bureau data.
Workers navigating the current labor market are facing a "significant good jobs deficit," said the National Employment Law Project, the worker advocacy group that crunched the Census numbers.
Low-wage occupations saw job growth of 3.2 percent from the beginning of 2010 to the beginning of 2011, while mid-wage jobs only grew by 1.2 percent, according to NELP. During the same time period, higher-wage jobs fell by 1.2 percent. In other words, there are more new jobs for retail salespeople, office clerks, cashiers and food prep workers than for machinists, managers, nurses and accountants.
To make matters worse, low-paying jobs pay even less than they used to, according to the report.
The skewed job growth comes after unbalanced job losses during the Great Recession.
"Of the net employment losses between the first quarter of 2008 and the first quarter of 2010," NELP said in its report, "fully 60 percent were in mid-wage occupations, 21.3 percent were in lower-wage occupations and 18.7 percent were in higher-wage occupations."
The analysis confirms of one of the "new rules" workers have faced since the onset of the recession: Don't expect to make more money at your next job.

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