Between 1979 and 2010, jobs paying at least $37,000 per year and
having health insurance and a retirement plan fell from 27.4 percent in
1979 to 24.6 percent in 2010.
It never should have happened — the American workforce is older and better-educated than ever before right?
The Center for Economic and Policy Research's John Schmitt and Janelle Jones wanted to know what went wrong.
In their study Where Have All The Good Jobs Gone? (via Matt Yglesias), they blame falling unionization rates, deregulation, trade policy, immigration and an obsession with inflation at the expense of job creation.
Whether you agree or disagree with that conclusion, the following 9 charts show a clear decline in "good" jobs began right around 1980, and that rather than clotheslining an apparently perpetual boom, the 2008 financial crisis caused us to return to a mean.
It never should have happened — the American workforce is older and better-educated than ever before right?
The Center for Economic and Policy Research's John Schmitt and Janelle Jones wanted to know what went wrong.
In their study Where Have All The Good Jobs Gone? (via Matt Yglesias), they blame falling unionization rates, deregulation, trade policy, immigration and an obsession with inflation at the expense of job creation.
Whether you agree or disagree with that conclusion, the following 9 charts show a clear decline in "good" jobs began right around 1980, and that rather than clotheslining an apparently perpetual boom, the 2008 financial crisis caused us to return to a mean.
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