rantnrave Posted July 15, 2013 Share Posted July 15, 2013 (edited) Nothing new on this site, but good to see the MSM digging deeper behind the supposed job market recovery. Most jobs created since the recession are in low-pay industries such as retail, table waiting and residential care, a TUC report has claimed. The report said nearly 80% of the 587,000 net new jobs since June 2010 have been in sectors where the average pay is £7.95 an hour or less. The TUC said people were being forced to take these lower-paid jobs after being made redundant. The highest paid sectors have also seen jobs growth, the union body said. There has been net jobs growth in areas like computing, for example, which pays an average of £18.40 an hour. But net job creation in middle income jobs stagnated after 2010. The report's calculations were based on the median wage earned in each respective industrial sector. "One of the unreported struggles of recent years has been people being made redundant from middle-income jobs and having to take low-paid, low-skill jobs as it's the only work available," said Frances O'Grady, the TUC general secretary. "Many people who are forced into low-paid work are not only having to take a massive financial hit, but are having to put their careers on hold." The report noted that while employment in low-paid industries was the hardest hit during the 2008-09 recession, it has since recovered to a record high of 6.4 million jobs. Total jobs in the highest paid sectors - which weathered the recession far better - have also risen to hit a record high of 900,000. Although there was negligible overall growth in the number of medium-paid jobs during the period, there was considerable change in some industries. Legal and accountancy employment rose by 135,000, while public sector jobs, such as in administration and social work, have become more scarce. http://www.bbc.co.uk...siness-23311502 Edited July 15, 2013 by rantnrave Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted July 15, 2013 Share Posted July 15, 2013 £7.95 is above this arbitrary living wage they keep on bleating about. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted July 15, 2013 Share Posted July 15, 2013 this is private sector absorbing all this public sector losses......NOT Quote Link to comment Share on other sites More sharing options...
Si1 Posted July 15, 2013 Share Posted July 15, 2013 Bllcks Well paid public sector middle managers were never worth it anyway, in the main because they were being paid by future taxation Austerity is what it means, poorer, this means real incomes are inevitably on average lower Quote Link to comment Share on other sites More sharing options...
PopGun Posted July 16, 2013 Share Posted July 16, 2013 Bllcks Well paid public sector middle managers were never worth it anyway, in the main because they were being paid by future taxation Austerity is what it means, poorer, this means real incomes are inevitably on average lower Yes because it was management who got hit the hardest, wasn't it?!?! Well paid bankers also seem to be (in the main) paid by future taxation. However hey're different aren't they, creating wealth we're all benefitting from?! Quote Link to comment Share on other sites More sharing options...
Si1 Posted July 16, 2013 Share Posted July 16, 2013 Yes because it was management who got hit the hardest, wasn't it?!?! Well paid bankers also seem to be (in the main) paid by future taxation. However hey're different aren't they, creating wealth we're all benefitting from?! Fair play There have been a lot of redundancies from the finance industry too to whom the same applies Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted July 16, 2013 Share Posted July 16, 2013 I thought most jobs were created by the Work Programme. Zero pound a week to keep your benefits. TUC are in the pockets of the banks too. Quote Link to comment Share on other sites More sharing options...
Liquid Goldfish Posted July 16, 2013 Share Posted July 16, 2013 £7.95 is above this arbitrary living wage they keep on bleating about. as long as you don't bleat when they claim £15000 in low wage subsdiies ..... Quote Link to comment Share on other sites More sharing options...
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