Job openings are down 20% since last year, high-wage growth lags - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

A major jobs site shows openings down 20% since last year — with high-paying jobs down the most

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's Black franchisees' quest for equality - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Media outlets lean either to the right or to the left in the US, but never has the US look so fragile and divided, why
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK banks' attitude toward open banking is more positive than last year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Puppy buyers beware: online pet scams have tripled since last year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Adopt you heathens
Source: BusinessInsider - 🏆 729. / 51 Read more »

25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Puppy buyers beware: online pet scams have tripled since last year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

20 soft skills every leader needs to be successful - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »