Low-Pay Sectors Dominate U.S. and State Job Growth

[aeon flux]

Everything W touches turns to shit.

-----------
Los Anegeles Times
Jan 22, 2004

California is being hit hard by a recent nationwide shift of jobs from high-paying industries to lower-paying sectors such as retail sales and tourism, a trend that doesn't bode well for the economy, according to a report released Wednesday.

The report by the Washington-based Economic Policy Institute paints a picture of a state and national economy in which employment growth is being driven largely by low-skilled service jobs.

"It's really scary," Jack Kyser, chief economist for the Los Angeles County Economic Development Corp., said of the long-term implications. An economy increasingly dependent on lower-wage jobs will have a smaller tax base and see less consumer spending, checking economic growth and reducing the quality of public services and infrastructure, Kyser said.

Statewide, since the national recession officially ended in November 2001, the jobs that have been created are in industries that pay an average of 40% less than do those in which jobs have disappeared, the Economic Policy Institute said.

continued

[are_we_united_yet]

1. Wow.

Grow economy grow.

[gulfcoastliberal]

2. Hallmark of Globalism and "Free Trade"

Is to create an permanent underclass of low wage-slave jobs. Horrifying but true. Smirk's policies are just accelerating the process.

[newyawker99]

8. Hi gulfcoastliberal!!

Welcome to DU!! :toast:

[Bozita]

3. The race to the bottom continues

[cryofan]

4. "It's really scary," from the LA Times?! LOL! Bush is TOAST!

Look at the heavily loaded language used the LA TIMES (!), one of the largest and most influential CorpGovMedia outlets in the USA:

"doesn't bode well for the economy"


"It's really scary"


"long-term implications"


"since the national recession officially ended in November 2001, the jobs that have been created are in industries that pay an average of 40% less than do those in which jobs have disappeared"

>>>>>>>>>>>>>

Bush is SO done! I predict a landslide for whatever Dem candidate we nominate.....

[aeon flux]

5. Yeah we need to dissiminate this article far and wide.

Most people don't read the papers, unfortunately.
The television pundits seem to be peddling an entirely different picture.

[aeon flux]

6. Top 10 Conservative Idiots nominee

From article:

"We found, when the job growth in low wage sectors is largely excluded, the average new job pays higher wages."

- Ron Bird from the employer-funded research group.

Amazing how that works.

7. In Seattle

Many engineers lost their jobs to overseas outsourcing.

Senior persons at Microsoft (non-management) are history.

Dan