With all this talk of growth in the labor market and the economy, there is now a new report showing that jobs created in the coming years will not pay enough for average American families to get by. The article goes on to say that less than half of the jobs that are will be added by 2018, will pay less than the average salary. Which is predicted by the U.S. Department of Labor. Lower paying jobs such as construction workers, food prep worker, and in some states registered nurses are expected to increase in ranks in the coming years. But reports find that they will pay less than one needs to maintain economic security. Wider Opportunities for Women (W.O.W.) came up with some interesting data in the article. They found that a single adult with no children would need to earn an average of $30,012 a yr, or nearly twice the minimum wage to be considered financially stable. A household with two working adults and two children would need to $67,920 annually.
So what does this mean for us as students who haven't gotten into our career of choose as of yet? Should we now start looking for jobs that will put at the average level or above that level? I wondering if those jobs that are "looking for experienced individuals only" will take this into consideration.
-Kamilah
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