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Wednesday, November 26, 2014

Some Good News for the Unemployed

At MoneyWatch:

Some Good News for the Unemployed: There has been considerable discussion of the “hollowing out” of middle class jobs in recent years, a trend that started before the Great Recession. But where do those who have lost their jobs go? Do they end up with low paying service jobs, McJobs as they are sometimes called, or do they move up the ladder to higher paying jobs?
Many people believe that most people who lose middle class jobs end up worse off than before, but recent research by Ellie Terry and John Robertson of the Atlanta Fed finds some surprising results. ...

    Posted by on Wednesday, November 26, 2014 at 08:58 AM in Economics, MoneyWatch, Unemployment | Permalink  Comments (25)


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