Good Job, Bar-ack
The National Employment Law Project recently reported that “Lower-wage occupations were 21 percent of recession (job) losses, but 58 percent of recovery growth. Mid-wage occupations were 60 percent of recession losses, but only 22 percent of recovery growth.” The leftists at the NELP wouldn’t state the obvious, so I will: Their research proves that the Obama administration’s economic policies are gutting the middle class.
So, people are losing their jobs, and replacing them (when they can) with lower paying jobs.
But my Obama-supporting relative informs me his stocks are DOING GREAT!
The workforce has shrank.
And the new jobs suck.
But remember – the middle out. The bottom up!