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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

Dave Lawler, author of World
44 mins ago - World

Global press freedom deteriorates amid pandemic

Data: Reporters Without Borders; Chart: Axios Visuals

Journalism is seriously restricted in 132 of 180 countries included in Reporters without Borders' annual Press Freedom Index — a particularly dangerous state of affairs during the pandemic.

Breaking it down: Nordic countries are ranked high on the list for having "good" press freedoms, while China, Turkmenistan, North Korea and Eritrea are at the bottom. The U.S. is ranked 44th.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

How anti-greed backlash killed the European Super League

Photo: David Cliff/Anadolu Agency via Getty Images

The 48-hour rise and fall of the European Super League is the perfect encapsulation of how anti-greed sentiment has changed the rules of capitalism.

Why it matters: The highly-complex structures of capitalism are built from the mostly base motivations of individuals chasing money. That's been condemned and celebrated in equal measure — but has also largely been accepted.

2 hours ago - Politics & Policy

Senate Republicans unveil $568 billion infrastructure counterproposal

Sens. John Barasso and Shelley Moore Capito. Photo: Caroline Brehman/CQ Roll Call/Bloomberg via Getty Images

Senate Republicans formally rolled out the framework for their $568 billion counterproposal to President Biden's $2.5 trillion infrastructure plan on Thursday.

Why it matters: The package is far narrower than anything congressional Democrats or the White House would agree to, but it serves as a marker for what Republicans want out of a potential bipartisan deal.