Yet again, 2014's job growth was strongest at the top and bottom of the pay scale. Middle class is lagging

This is an automatically generated TL;DR, original reduced by 84%.


The middle class is still lagging behind in both job growth and wages.

The gap in growth rates between jobs in the middle and jobs on the extremes was narrower last year than in previous years; in absolute terms, mid-tier jobs grew at their fastest pace of the recovery in 2014, as Josh Lehner, an economist at the Oregon Office of Economic Analysis, noted on Wednesday.

Some economists have argued that longer-term forces, particularly automation and outsourcing, are having a polarizing effect on the job market, with high- and low-skilled jobs growing as those in the middle disappear.


Extended Summary | FAQ | Theory | Feedback | Top five keywords: job#1 middle#2 more#3 pay#4 worker#5

Duplicates found in /r/Economics, /r/POLITIC, /r/dataisbeautiful and /r/economy.

/r/POLITIC Thread Link - fivethirtyeight.com