The Kick in the Pants the Fastest-Growing Jobs Offer
There's no doubt that job openings are on the upswing. Even in March, when the low number of 126,000 new jobs, as reported by the Bureau of Labor Statistics, was considered a disappointment, unemployment remained at 5.5 percent because employment growth had averaged 269,000 per month over the previous 12 months.
Unfortunately, more jobs don't always translate into positions that pay well, as Time reported, noting that a large portion of the newly employed reported by the BLM fell into a "McJob" category of poor pay and questionable benefits.Credit.com had detail on the job categories that are in high demand: nursing assistants, personal care aides, janitors and cleaners, materials handling, food prep and serving, and retail salespeople. Depending on the category, anywhere from 55 percent to 88 percent of the people employed make less than $15 an hour. Median hourly wages topped off at $14 and were as low as $9.
Despite the low pay, these occupations are on the fast track in terms of the number of people they will likely employ. The BLS data that Credit.com provided showed projected ten-year growth rates from 10 percent for retail salespeople to 49 percent for personal care airs (with the number of baby boomers heading for retirement, the anticipated growth may not seem as remarkable as it one might otherwise think.
The people who get these jobs will have a lot of company. According to National Employment Law Project estimates, 42 percent of the workers in the U.S. make less than $15 an hour. Some groups are over-represented in the under-$15 category: more than half of African-Americans and almost 60 percent of Latinos. And for those who think that low-wage jobs are for teenagers getting their first exposure to the working life, 46.4 percent of low-wage workers are 35 and older.