Labor & Economic News Blog
Friday, August 08, 2014
Loss of mid-wage jobs hampers state's growth
Loss of mid-wage jobs hampers state's growthOn the surface, California's job market is booming. The growth, though, belies a troubling imbalance. The fastest job creation has come in low-wage sectors, in which pay has declined. At the high end of the salary scale, a different dynamic has taken hold: rising pay and improving employment after rounds of consolidation.
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