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Author Topic: Why record job growth in America hides a troubling reality  (Read 1004 times)

NadiaWits

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Why record job growth in America hides a troubling reality

High employment rates gloss over a ‘much more complicated story’ of stagnant wages and vanishing mid-level jobs

January marked the 100th consecutive month of job creation in the United States – a record breaking streak of job creation that has left employers scrambling to find workers and dragged the long-term unemployed back into the market.

Yet even now, 20m jobs later , there are some parts of the US economy that have yet to reflect the positive image projected by the continuous job growth and low unemployment rate.

Related: US economy adds jobs for record 100th consecutive month

Employers think they should be able to get whoever they want at those lower wages

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Source: Why record job growth in America hides a troubling reality



 

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