3 ms·
> According to a survey this summer from the National Employment Law Project, only a third of the jobs lost in 2008-2009 were in industries paying less than $15
by davnola 16y ago
> According to a survey this summer from the National Employment Law Project, only a third of the jobs lost in 2008-2009 were in industries paying less than $15 an hour, but fully three-quarters of the job growth in 2010 came in these same low-wage industries. Among the industries that grew in 2010, the top three occupations were retail sales clerks, cashiers, and food preparers with a median hourly wage of less than $10.
So? It takes longer to hire higher waged staff. Hiring higher waged staff is ceteris paribus more of a risk so you'd expect it to pick up later in the recovery.