EconomicsArticle1 - Jason Mu r ray Economics 2301 9/20/2010...

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Jason Murray 9/20/2010 Economics 2301 Mr. Peek Title: Jobs Aren’t Where the Money Is Source: Dallas Morning News Date: 9/5/2010 Overview: This article addresses the fact that as the recession is slowly recovering, it is only the highest, and lowest paying jobs that are seeing growth. The middle skilled and middle paying jobs are still plummeting. Economists have also noted that higher skilled workers, that are very overqualified for the jobs, are eating up the jobs that the middle class workers need to survive. As a result, the middle class workers are forced to seek out low paying, low skilled, minimum wage jobs. Unfortunately, these jobs are also in high demand, not easy to acquire, and huge pay cuts are a result of having to resort to taking these bottom of the barrel jobs. For years before the recession, high paid positions requiring a high level of education and training grew rapidly, while the lower paying jobs did not. During the 1980’s, growth of these lower paying jobs started to accelerate, and even more so in the 90’s, and really began
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This note was uploaded on 11/26/2010 for the course ECON 2301 taught by Professor Camp,r during the Fall '08 term at Trinity Valley Community College.

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EconomicsArticle1 - Jason Mu r ray Economics 2301 9/20/2010...

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