Sep 7, 2018

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

The long journey to herd immunity

Illustration: Sarah Grillo/Axios

The sought-after state of herd immunity — in which widespread outbreaks are prevented because enough people in a community are immune to a disease — is complicated by open questions about the effectiveness of a future vaccine and how COVID-19 spreads.

Why it matters: Unless a sufficient level of immunity is achieved in the population, the coronavirus could circulate indefinitely and potentially flare up as future outbreaks.

Judge rules all three defendants in shooting of Ahmaud Arbery will stand trial

Photo: Sean Rayford/Getty Images

A judge ruled on Thursday that all three men charged in the death of Ahmaud Arbery, a 25-year-old black man who was shot and killed in February Glynn County, Georgia, will stand trial, AP reports.

Why it matters: The video of Arbery's death was among several catalysts in the mass protests against racial injustice that have unfurled across the country and world over the past week and a half.

Remembering George Floyd

Photo: Kerem Yucel/AFP via Getty Images

With politicians, clergy and law enforcement in attendance on Thursday in Minneapolis, the family of George Floyd demanded recognition for his life well lived.

Why it matters: Floyd has become the latest symbol of police brutality after he was killed last week when a police officer held a knee to his neck.