The Summary

by Dave Schuler on May 16, 2014

There’s a summary of how employment in the United States has changed over the last ten years in one big infographic at Fiscal Times. Here it is in words.

Anything that’s been subsidized has grown. So have sectors that depend on large numbers of very low wage workers, e.g. hospitality, food service. Manufacturing employment has collapsed. Everything else is nearly stagnant or growing very slowly.

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Ben Wolf May 16, 2014 at 4:33 pm

That’s why incomes are so lopsided: some are heavily subsidized while others are left to the so-called markets to determine.

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