From The Week magazine 2/11/2011 edition
Higher-wage jobs—paying $17.43 to $31 an hour—accounted for almost half the jobs lost during the recession, according to the National Employment Law Project. Of the jobs created during the first seven months of 2010, 76 percent paid $8.92 to $15 an hour.
2 cents: One of the key characteristics missing from the type of data O and Congress try to peddle while saying that the economy is beginning to recover. Adapting to changes does not mean recovery, it simply means surviving.