The disappearing middle-wage job
“Employers will add 8.3 million jobs over the next five years, but those new positions may add to the hollowing out of the middle class, according to a new study. Most of the jobs that are projected to be created are in low-wage or high-wage industries, according to the CareerBuilder study, which is based on historical and current labor market trends. One-fourth of new jobs will be in middle-wage jobs, and the study found that 369,879 jobs will be lost over the same time period, with the majority in mid-pay fields.”