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.
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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