4 out of 5 new jobs are low pay

From the Economic Policy Institute – 4 out of 5 new jobs created in the U.S. fall below the median. And 3 out of the top 5 are in health care. Basically, we have offshored our high value jobs and replaced those with low value service jobs. Our government policies are based on economics theories that global wage arbitrage leads to the best economic outcomes for Wall Street everyone.

Jobs … but low pay.

The nation is now mirroring Spokane’s long time economy:

The most recent jobs data show that every industry – with the exception of health care, education, and the government – has fewer jobs today than before the recession began, strong evidence that demand is weak across the entire economy.

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