{"id":50758,"date":"2012-08-31T10:03:14","date_gmt":"2012-08-31T15:03:14","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=50758"},"modified":"2012-08-31T10:03:14","modified_gmt":"2012-08-31T15:03:14","slug":"what-kind-of-jobs-are-we-gaining","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2012\/08\/31\/what-kind-of-jobs-are-we-gaining\/","title":{"rendered":"What Kind of Jobs Are We Gaining?"},"content":{"rendered":"<p>The recession is over in the U.S.. We&#8217;re now in the recovery period.<\/p>\n<p>This would be more comforting if the pace of the recovery weren&#8217;t glacial. If you pay attention to weekly unemployment numbers or monthly economic reports, you&#8217;ve gotten used to the word &#8220;disappointing.&#8221;\u00a0Yes, the economy is gaining jobs, but slowly. At this rate, it would take years to climb out of the hole the recession left us in.<\/p>\n<p>But the slow pace of growth isn&#8217;t the only concern.\u00a0The\u00a0<em>New York Times\u00a0<\/em>discusses the <a href=\"http:\/\/www.nytimes.com\/2012\/08\/31\/business\/majority-of-new-jobs-pay-low-wages-study-finds.html\" target=\"_blank\">types of new jobs being created<\/a>. While the majority of the jobs lost were midwage jobs, so far most of the new jobs are low-wage:<\/p>\n<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2012\/08\/31jobs-graphic-articleInline.jpeg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-50759\" title=\"\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2012\/08\/31jobs-graphic-articleInline.jpeg\" alt=\"\" width=\"190\" height=\"336\" \/><\/a><\/p>\n<p>We&#8217;re not gaining new jobs very quickly. And when we do, it&#8217;s hard to find a job that provides a solidly middle-class income among those that are being added, continuing the trend of <a href=\"http:\/\/papers.nber.org\/papers\/w18334?utm_campaign=ntw&amp;utm_medium=email&amp;utm_source=ntw\" target=\"_blank\">job polarization<\/a> that economists have shown is reinforced during economic downturns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recession is over in the U.S.. We&#8217;re now in the recovery period. This would be more comforting if the pace of the recovery weren&#8217;t glacial. If you pay attention to weekly unemployment numbers or monthly economic reports, you&#8217;ve gotten used to the word &#8220;disappointing.&#8221;\u00a0Yes, the economy is gaining jobs, but slowly. At this rate, [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[36,12498,76],"class_list":["post-50758","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-economics","tag-economics-great-recession","tag-work"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/50758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=50758"}],"version-history":[{"count":2,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/50758\/revisions"}],"predecessor-version":[{"id":50761,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/50758\/revisions\/50761"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=50758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=50758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=50758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}