Report: Obama’s Economy Converts Middle-Class Jobs Into Low-Wage Jobs

DAILYCALLER — Nearly half of the new jobs created since 2008 are low-wage jobs, while 80 percent of the jobs destroyed in the government-inflated real-estate bubble were high-wage or medium-wage jobs, according to a new report by the National Employment Law Project.
In effect, almost 2 million well-paid middle-class jobs have been converted into low-wage blue-collar jobs since January 2008, through the five years of President Barack Obama’s economy, according to the report, titled “The Low-Wage Recovery: Industry Employment and Wages Four Years into the Recovery.” [Read More]