Here is the stark reality of the Obama recession. Yes, it started at the tale end of the Bush term but it continues to this day and shows no sign of a real recovery.
So we have 50% of recent college grads taking jobs that only require a High School diploma. We have 1/3rd of 'kids' between 25 and 35 living in their parents house.
We have an EPA that is killing high paying jobs and forcing jobs overseas. A president who killed the Keystone pipeline. And we have a shrinking middle class because of the policies of this administration.
So we have 50% of recent college grads taking jobs that only require a High School diploma. We have 1/3rd of 'kids' between 25 and 35 living in their parents house.
We have an EPA that is killing high paying jobs and forcing jobs overseas. A president who killed the Keystone pipeline. And we have a shrinking middle class because of the policies of this administration.
Linky => http://www.breitbart.com/Big-Govern...nt-Of-Jobs-Recovered-Are-Low-Wage-Occupations
And
http://www.nelp.org/page/-/Job_Creation/LowWageRecovery2012.pdf?nocdn=1
And
http://www.nelp.org/page/-/Job_Creation/LowWageRecovery2012.pdf?nocdn=1
A new study by the liberal National Employment Law Project (NELP) finds that 58 percent of all jobs recovered in the last two years have been in low-wage occupations, which grew 2.7 times faster than mid-wage and higher-wage jobs.
Other key findings included:
"In short," concludes the report, "America's good jobs deficit continues."
Other key findings included:
- Lower-wage occupations were 21 percent of recession losses, but 58 percent of recovery growth.
- Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth.
- Higher-wage occupations were 19 percent of recession job losses, and 20 percent of recovery growth.
- Three low-wage industries have added 1.7 million jobs in the recovery and constitute 43 percent of total net growth: food services, retail, and administrative, support and waste management services (largely employment services, i.e., temp jobs).
"In short," concludes the report, "America's good jobs deficit continues."