Though Indeed found a significant rebound in jobs in the bottom third of job occupation wages — low-paying work like retail and food service — higher-paying jobs have been slower to recover. High-wage job openings are down 27% compared to last year, while low wage jobs are down 13%.
Job openings in high-paying industries like finance and software development are down 34.5% and 32%, respectively, in 2020.Jed Kolko, chief economist at Indeed, recently that "middle-wage jobs," or those with a median salary in the second, third, and fourth quintiles, have slower potential for growth than very high- and very low-paying work.
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While we are spending all our time 'marching' and setting fire to our cities, our country's economy is burning down. And some irresponsible legislators do not get that subsidizing a fake economy is destructive to survival.
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