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Most jobs created since the recession have been low-paying

Three-quarters of U.S. jobs created since the 2008-'09 financial crash pay less than a middle-class income, according to an Axios analysis of U.S. Labor Department data.

What's going on: On Friday, the Bureau of Labor Statistics reported that the economy continued a 94-month jobs growth streak. It added 201,000 jobs, and the fastest wage growth since June 2009.

Expand chart
Data: U.S. Bureau of Labor Statistics; Chart: Naema Ahmed/Axios

Why it matters: Not all jobs are created equal.

  • Since the crash, about 75% of new jobs have paid less than $50,000 a year, putting them just above the $45,000 annual middle-class threshold for a household.
  • Professions that were once the backbone of the middle class have been vanishing, and similar professions have not been bubbling up to take their place, report the WP's Andrew Van Dam and Heather Long.
  • Most wage growth since 2009 has been concentrated in the extreme lows and highs.

Each bubble in the chart represents an occupation group as defined by the BLS. The horizontal position of the bubble is the median annual earnings, and the vertical position is the total change in number of jobs in the profession. The size of the bubble represents the total number employed, and color corresponds to change in inflation-adjusted annual earnings.

Go deeper: Are you in the middle class?

Go deeper

Margaret Harding McGill, Sara Fischer
2 hours ago - Technology

Tech scrambles to derail inauguration threats

Illustration: Sarah Grillo/Axios

Tech companies are sharing more information with law enforcement in a frantic effort to prevent violence around the inauguration, after the government was caught flat-footed by the Capitol siege.

Between the lines: Tech knows it will be held accountable for any further violence that turns out to have been planned online if it doesn't act to stop it.

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Dave Lawler, author of World
2 hours ago - World

Uganda's election: Museveni declared winner, Wine claims fraud

Wine rejected the official results of the election. Photo: Sumy Sadruni/AFP via Getty

Yoweri Museveni was declared the winner of a sixth presidential term on Saturday, with official results giving him 59% to 35% for Bobi Wine, the singer-turned-opposition leader.

Why it matters: This announcement was predictable, as the election was neither free nor fair and Museveni had no intention of surrendering power after 35 years. But Wine — who posed a strong challenged to Museveni, particularly in urban areas, and was beaten and arrested during the campaign — has said he will present evidence of fraud. The big question is whether he will mobilize mass resistance in the streets.

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Jonathan Swan, Zachary Basu
2 hours ago - Politics & Policy
Off the Rails

Episode 1: A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 1: Trump’s refusal to believe the election results was premeditated. He had heard about the “red mirage” — the likelihood that early vote counts would tip more Republican than the final tallies — and he decided to exploit it.

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”

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