The BLS released their occupational employment and wages report for May 2010.
While the data on what kind of jobs are being created is one year old, the report still gives insight on what kind of job growth has occurred since December 2007, the start of the Great Recession. What we have are low paying service jobs as the dominant job growth.
Above are the top 10 job occupations in America for May 2010. These jobs make up 20% of all employment.
The 10 largest occupations accounted for more than 20 percent of total employment in May 2010. In addition to retail salespersons and cashiers, the largest occupations included general office clerks; combined food preparation and serving workers, including fast food; registered nurses; and waiters and waitresses.
Even worst, 6% of all jobs are cashiers and retail sales clerks and from the above chart, 17% are low paying office worker jobs.
Wages are no better, with the largest jobs areas being incredibly low paying. Only nurses were above the measly median wage of $21.35 per hour or $44,410 annually.
Most of the largest occupations were relatively low paying. Of the 10 largest occupations, only registered nurses had an average wage above the U.S. all-occupations mean of $21.35 per hour or $44,410 annually. Combined food preparation and serving workers, cashiers, and waiters and waitresses were the three lowest paying of the 10 largest occupations, and also among the lowest-paying occupations overall.
The professional careers, not management, only make up 1% of all employment.
The smallest occupational groups included legal occupations and life, physical, and social science occupations, each representing around 1 percent of total employment. Most employment in these two groups came from occupations with above average wages, such as judges, with an
While 91% of those low paying jobs are from the private sector, we have this alarming static for statement government. The #1 occupation for state government are jailers:
Correctional officers and jailers was the largest occupation in state government, with employment of nearly 257,000.
By industry we see a sad state of affairs. The highest growth is with health care, taking care of sick people, next, low paying retail sales.
Health care and social assistance was the industry sector with the highest employment, followed by retail trade. Over half of employment in the health care and social assistance sector was in healthcare-related occupations, including registered nurses; nursing aides, orderlies, and attendants; home health aides; and licensed practical and licensed vocational nurses. Other large occupations in this sector included personal care aides, medical secretaries, and childcare workers. More than 60 percent of retail trade employment was in just 4 occupations: retail salespersons, cashiers, stock clerks and order fillers, and first-line supervisors of retail salesworkers.
Of the highest occupations, look at these wages. You cannot rent a cardboard box by yourself on these wages.
The industries with the lowest all-occupations mean wages consisted primarily of food service and retail trade industries. In limited-service eating places, the industry with the lowest overall average wage, 8 of the 10 largest occupations had mean wages below $10.00 per hour, including combined food preparation and serving workers, including fast food ($8.62); fast food cooks ($8.85); and counter attendants, cafeteria, food concession, and coffee shop ($8.82).
This report is horrific. It appears they have offshore outsourced the jobs, in particular production, manufacturing and left us with a slew of burger flipper opportunities.
Lest you believe U.S. tech workers are doing alright, the BLS counts foreign guest workers in their statistics, as well as illegal immigrants. There has been severe labor arbitrage in the scientific and technical fields through use of temporary foreign guest worker Visas and manipulation of the U.S. immigration system.
Will This 1010103th Wake Up Call Be Heeded?
I should be happy because the world didn't come to an end.
But wait. It is coming to an end -- just not today at 6PM.
Our world is far more threatened by what this report tells us, plus other negative economic factors. Yet the media doesn't portray this stuff as an emergency. Not that the media should get all the blame either, because the public, while ahead of the politicians in rating the economy and jobs as our #1 problem, isnt't demanding any action.
Anyhow, thanks for once again for bringing the important news (that I often wouldn't understand without your explanations and graphs) to my attention.
We can thank the Austrian School for this road to serfdom
...at least in large part. The crackpot economic theories that have dominated the politics of Congress since 1980, more so every year, are to blame.
Markets are self regulating, leave them alone. Let the market take care of it." What a hustle that was. What utter garbage.
And now we are well on the way to national serfdom.
There is a solution. The American Society of Civil Engineers issued an infrastructure Report Care in 2009. The country fails across the board. But there's a silver lining. The $2 trillion price tag is the biggest jobs program ever and it's a mandatory project. How about some bonds for that, bonds tied to an actual project. The fact that I'm mentioning this and it's not mentioned every day inside the beltway shows how indifferent our leaders are to the state of the nation's infrastructure and the nation's real needs.
Report Card Video
Never a politician bothers to figure out what kind of economic long term benefit a public works project will break, well, not since Reagan anyway.
There is a very good documentary, put on by either Discovery or the History Channel, or maybe NatGeo, but it goes through how absolutely desperate shape infrastructure is.
But politics trumps all, a good example is Oregon. Portland roads are in complete disrepair and some of those bridges look prime to be a "Minnesota", yet they are pouring millions into "bike lanes".
Privatization, corruption, favoritism, cronyism.
Yet these things have gone on forever in U.S. politics yet we got the Brooklyn Bridge, the GG bridge, the highway system...
Our trains are slower than they were in the 1950's too.
Hey, $21 an hour is considered an awesome wage here in Michigan. Now, if you are an uneducated person or a person just out of college with a professional degree, $21 is considered way too high. And that doesn't count that those persons don't get health benefits.