Contrary to many stories in the media about how low-wage jobs have dominated since the recovery began in 2010, the largest job growth has come from good jobs, according to a new study from the Georgetown University Center on Education and the Workforce.
Good Jobs Are Back: College Graduates Are First in Line reveals that the economy has added 6.6 million jobs since 2010, 2.9 million of which were good jobs. These jobs paid more than $53,000, tended to be full time and provided health insurance and retirement plans. In addition to the 2.9 million good jobs created, the economy also created 1.9 million middle-wage jobs and 1.8 million low-wage jobs.
“This has been a weak recovery, but the American job machine is working again for college graduates,” said Anthony Carnevale, the Center’s Director and the report’s lead author.
The Georgetown researchers divided the jobs into three tiers based on annual earnings. Each tier differed widely in terms of the share of jobs that are full-time, those that provided health insurance and retirement plans and the share of workers with college degrees.
The majority of good jobs added during the recovery were in managerial (1,780,000), STEM occupations (880,000 jobs) and healthcare professional occupations (445,000 jobs). Among the middle-wage jobs tier, occupations that make up the blue-collar cluster gained the most jobs (860,000). Among the low-wage jobs tier, food, personal services and sales and office support occupations added the most jobs during the recovery (1,053,000).
Both good jobs and low-wage jobs have recovered all recession job losses. The downside of this recovery, researchers find, is that middle-wage jobs have not fully recovered: in spite of the 1.9 million jobs added in the recovery, middle-wage jobs remain 900,000 jobs below their pre-recession employment level.
The full report and technical report for Good Jobs Are Back: College Graduates Are First in Line are available online at http://cew.georgetown.edu/goodjobsareback.
The Georgetown University Center on Education and the Workforce is an independent, nonprofit research and policy institute that studies the link between individual goals, education and training curricula, and career pathways. The Center is affiliated with the Georgetown McCourt School of Public Policy. For more information, visit: http://cew.georgetown.edu. Follow us on Twitter @Cntredwrkfrce and on Facebook.
Any “study” from a “university” or other institute of Communist indoctrination gets zero credibility from yours truly. Good jobs? What exactly do they define as a “good job”? Reagan’s “trickle down economics” trickled down alright, and good ole Billy boy’s signing of NAFTA along with other “free trade agreements” sent this country’s economy right down the toilet. Any “good paying jobs” are given to foreign workers who send all their tax-free cash back to their own country. If all this shit isn’t making your blood boil and stomach turn, I don’t know what the hell you’re doing here at the trenches, Communism seems to be just fine in your book.
“Reagan’s “trickle down economics” trickled down alright,…”
Always considered “voodoo economics” to be a much more accurate term, Sunfire. 😉
We’re ALL pissed, but the deeds been done. Until people’s lifestyles are seriously, adversely affected, might as well sit back and enjoy the show.
Just make sure you and yours are taken care of.
Is there some kind of synagogue-sponsored competition going on to see how many lies can be fit into one article?
What growth? What recovery? And how many of these alleged jobs went to foreigners?
I think I got a stomachache from all the smoke this article blew up my ass… I work in construction and guess what just about every project I’ve worked on in the last few years has been? Either 1. Federally funded or 2. Some type of banking institution. That tells me where all the money is pretty clearly. One project involved the complete demolition of a perfectly good, structurally sound, 100% functional building because “they wanted a new one”. Anything to keep the economic recovery illusion going I guess. Also as stated above, any information or data coming from a source that can be referred to as an “institution” is impossible for me to trust. They’ll make the numbers say whatever the hell they want. So that covers my feelings on this one.
“Good Jobs Are Back:”
Far as I got.
Isn’t this where Henry plays the “Happy Days are Here again!” song? 😉
What a crock of shit!