Money

The Job Market’s Missing Middle

Written by Teunis Felter

Why are so many people unhappy about a U.S. economy that has generated more than 12 million jobs over the past five years? One explanation: A lot of those jobs don’t pay very well.The latest U.S. employment report illustrates a persistent contrast between the labor market and the broader economy. Non-farm employers added an estimated 160,000 jobs in April — less than forecasters expected, but still more than enough to compensate for natural growth in the labor force.

http://www.bloomberg.com/view/articles/2016-05-06/the-job-market-s-missing-middle

 

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.