Nonsequitur: A Low Wage Economy

April 29, 2014

The chart below, from the American Enterprise Institute, demonstrates that the majority of jobs “recovered” since the recession ended are in low-wage industries.

Click for full picture

Click for full picture

We have lost 976,000 high wage jobs and 958,000 mid-wage jobs. We have a total net loss of 83,000 jobs since the recession ended.

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One Response to “Nonsequitur: A Low Wage Economy”

  1. […] Trillion in debt. An economy based on part-time and/or low paying jobs in the service sector. Higher healthcare costs for most patients. Islamist terrorism. Entitlement […]

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