In this data brief, we use a unique synthesis of Bureau of Labor Statistics data to track private industry employment and wages from December 2007 (the start of the recession) through July 2010 (the most recent month of data available). We find that:
To date, net job growth in 2010 has not been distributed evenly across the economy. Growth has been concentrated in mid-wage and lower-wage industries. By contrast, higher-wage industries showed weak growth and even net losses.
We also find a striking imbalance between the jobs that were lost and the jobs that are growing. Net job losses in 2008-2009 were widely distributed and included significant losses in higher-wage industries; by contrast, net job growth in 2010 has been driven disproportionately by industries with median wages below $15.00 a hour.
Common occupations in growth industries include many front-line, non-college degree jobs that often pay low wages and annual earnings. Among industries that grew in 2010, the top three occupations are retail sales persons, cashiers, and food preparation workers; combined, these three occupations numbered almost 10 million jobs in July 2010, with median wages below $10 an hour.
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