Higher-Paying Jobs Lost, but Lower-Paying Jobs Gained

By CATHERINE RAMPELL
February 23, 2011,
http://economix.blogs.nytimes.com/2011/02/23/higher-paying-jobs-lost-but-lower-paying-jobs-gained/?hp

While the country’s recessionary job losses skewed to
middle- and higher-paying jobs, its job gains since then
have skewed to lower-paying jobs.

That is the conclusion of an unsettling  report from the
National Employment Law Project.

America’s private payrolls shrank from January 2008
through February 2010, losing 8.84 million jobs on net.
They have been growing every month since that nadir,
adding 1.26 million jobs on net. (Public payrolls are
another story — they’ve been falling over the last year.)

All this means, of course, that the private sector job
market still has a long way to go before it returns to its
previous peak. Worse, those jobs that have been created in
the last year typically pay less than the jobs they’re
replaced.

According to NELP:

Lower-wage industries (those paying $9.03 -$12.91 per
hour) accounted for just 23 percent of job losses, but
fully 49 percent of recent growth.
Midwage industries ($12.92 -$19.04 per hour) accounted for
36 percent of job losses, and 37 percent of recent growth.
Higher-wage industries ($19.05 -$31.40 per hour) accounted
for 40 percent of job loss, but only 14 percent of recent
growth.

for the rest of this, and related graphics, go to
http://economix.blogs.nytimes.com/2011/02/23/higher-paying-jobs-lost-but-lower-paying-jobs-gained/?hp

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