A weekly presentation of downloadable charts and short analyses designed to graphically illustrate important economic issues. Updated every Wednesday.
Snapshot for February 24, 1999
Job growth projected to favor lowest-paying occupations
According to the Bureau of Labor Statistics’ occupational projections, more than half (54%) of the new jobs created between 1996 and 2006 will be in occupations that pay below the median earning rate. Worse yet, 40% of these new jobs are projected to be in occupations with earnings in the lowest quartile.
Among the top ten fastest growing jobs (ranked by number of new jobs created), six are in low wage occupations (see graph above).
Source: Silvestri, George T. November 1997. “Occupational employment projections to 2006.” Monthly Labor Review.
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