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The evolution of low wage America

The most common jobs by state in 1978 to 2014. The destruction of the manufacturing industry.

from MyBudget360.com:

The US continues to see a widening gap between the army of low wage workers, the highly paid small upper-class, and a dwindling middle class.  We’ve already shown through IRS tax data that households make a lot less than people think.  The US has been on a very steady trend towards having a massive pool of low wage labor with nearly non-existent fringe benefits.  Benefits have been decreasing while the cost of healthcare and planning for retirement is surging.  It is always interesting to look at Census and BLS data for employment figures.  There was a fascinating report looking at the most common jobs per state over time, starting in 1978.  The evolution is interesting and what we can take from the report is that the secretarial position went from being very common to being virtually non-existent.  And today, truck drivers are the most common job in many states thanks to the obvious reality that you can’t outsource a big rig trucker driver (although I’m sure driverless technology will soon handle that in a few years).

Read More @ MyBudget360.com

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