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Saturday, February 26, 2011

U.S. recovery built on low-paying jobs - Business - Bloomberg Businessweek - msnbc.com

U.S. recovery built on low-paying jobs - Business - Bloomberg Businessweek - msnbc.com:

"While the unemployment rate dropped to 9 percent in January, from a two-decade peak of 10.1 percent in October 2009, many of the jobs people are now taking don't match the pay, the hours, or the benefits of the 8.75 million positions that vanished in the recession, according to Paul Ashworth, chief U.S. economist at Capital Economics in Toronto."