A new report released from the National Employment Law Project (NELP) has called the economic recovery under Obama a “Low-Wage Recovery.”
Low-wage industries, like food service and retail industry, lost 22 percent of the jobs during the recession, but have since gained 44 percent in the “recovery.”
Today, there are nearly two million fewer jobs in mid and higher-wage industries than there were before the recession took hold, while low-wage industries have seen a gain of about 1.85 million more jobs.
The shift to low-wage industries from a shift away from mid-wage and high-wage industries, is troubling at best. But perhaps more important is that it signals that President Obama’s “recovery” is a lot like his “success” with Obamacare: it comes at the expense of economic opportunity and well-being of Americans from all walks of life.
At a time when the cost of everyday items like gas, groceries, and healthcare are on the rise, and folks struggle to find good jobs in the Obama economy, the American people deserve better policies that make life more affordable.
That’s why conservatives have the right policies to help get the country back on track, and help American’s everywhere find their own American dream.