05/03/2024

Post-Recession Job Growth Coming in High-Wage Positions

Job growth since the recession has increasingly come from hiring in a potentially surprising area: high-paying occupations.

According to a study released Monday by Georgetown University’s Center on Education and the Workforce, the U.S. economy now has about 1 million more jobs in occupations that rank in the top third of income and 800,000 more in the bottom third. The middle third, however, has yet to recover the jobs lost during the recession.

The monthly jobs report from the Department of Labor, upon which economists and policy makers place so much focus, provides a breakdown only of which industries are growing—but industries can have a mix of high- and low-wage workers. Health care, for example, has both low-wage home health aides and very highly paid specialists.

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