Tuesday, September 22, 2015

Most jobs added in Boston since recession called low-paying

The Boston Globe reports:
The city of Boston has recovered all the jobs it lost since the most recent recession, but the vast majority of those that have been added are low-paying jobs, according to a report set to be released Tuesday by the Boston Foundation.

More than 85 percent of the positions added since 2009 pay less than $38,000 a year, according to the study, which analyzed quarterly job reports from the state and the federal Bureau of Labor Statistics.

Many of the job gains have come in low-paying sectors such as food service, home health care, and janitorial services, while higher-paying fields such as information services, have not grown as rapidly.

Between 2009 and 2014, the average weekly wage in well over three-quarters of the positions added was $718 or less, which was less than half the city’s average income, according to the report.
The struggles of Blue America.