Note that the biggest category of jobs added in both time periods, substantially increased the average wage ($23,562, to $31,459)
As for recent job openings being mostly for low paying jobs, that's not a surprise and its not new. Low paying jobs tend to have more turnover so you get more openings.
As for the majority of jobs paying less thatn $43,264 a year, that's also not new, not a surprise, and not something horrible. Esp. if they are talking about new job openings (which tend to pay less for the reason mentioned in the last paragraph)
Yes, its not new but this time there are considerably fewer jobs that pay more than $43k then there were in the last recovery. How come?
$43k a year isn't lousy. Also many people who are earning it either don't have kids, or have additional source of family income.
In WA state and in the DC metro area, $43K for a family of 4 is poverty level. In ND, its probably a very solid wage. Depends on where you live, Tim. |
