The majority of new jobs created in the recovery – positions such as store clerks, laborers and home health care aides – pay much less, according to a new study.
The findings highlight concerns about a shrinking middle class and pose another obstacle to getting the economy back on track, said Annette Bernhardt, policy co-director at the National Employment Law Project, which conducted the study. Lower-paying jobs, with median hourly wages from $7.69 to $13.83, accounted for just 21 percent of the job losses during the recession. But they made up about 58 percent of the growth through early 2012.
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