Morning Must-Read: Annie Lowrey: Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
Annie Lowrey: Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones: “The poor economy has replaced good jobs with bad ones….
‘Fast food is driving the bulk of the job growth at the low end…’ said Michael Evangelist…. Higher-wage industries–like accounting and legal work–shed 3.6 million positions during the recession and have added only 2.6 million positions during the recovery. But lower-wage industries lost two million jobs, then added 3.8 million…