Scraping by or making bank
Scraping by or making bank: The highs and lows of NYC’s job market
by Sven Carlsson
For over three years now, the US economy has been creating around a hundred thousand jobs per month – but what kind of work are we talking about? A breakdown of wage categories shows that the labor market is growing at two extremes: where pay is high, and where people are scraping by. This trend has gone on since the 1980’s and it’s become even more apparent since the last recession. Our reporter Sven Carlsson met the haves and have-nots of the New York City job market.