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For many, a new job comes at a cost: lower wages

Wed, 09/01/2010 - 09:21 — Dave Culver
Section(s): 
Economics
  • Even as a tentative economic recovery wheezes along, data show a disproportionate growth in low-paying jobs.
  • U.S. Experiencing Worst Episode of Prolonged Unemployment Since Great Depression
  • Jobless? Your leaders are at ease with that.

Michael Luo, New York Times | NY

Donna Ings took a lower-paying job as a home health aide after being out of work for over a year. Michele McDonald for the New York Times

After being out of work for more than a year, Donna Ings, 47, finally landed a job in February as a home health aide with a company in Lexington, Mass., earning about $10 an hour.

Chelsea Nelson, 21, started two weeks ago as a waitress at a truck stop in Mountainburg, Ark., making around $7 or $8 an hour, depending on tips, ending a lengthy job search that took her young family to California and back.

More...

Related:

Jobless? Your leaders are at ease with that, Paul Krugman, New York Times
None of them want to fix it -- so high unemployment might become a habit.
Punishing the Jobless

Updated: U.S. Experiencing Worst Episode of Prolonged Unemployment Since Great Depression, Center for Economic and Policy Research (CEPR)<>

  • Adjusting for demographic factors, current labor market downturn steeper than '82-'83 recession.
  • The Horror Show
  • The jobs emergency

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