Top 10 Largest Occupations in the United States Dominated by Jobs that pay $20k to $30k a Year.

The American economy has slowly compressed the middle class into a minority group. When the manufacturing sector slowly eroded away, waiting in the wings to replace those higher paying jobs was low wage service sector employment. Now as it turns out the top 10 largest occupations in the United States are occupied by low wage service sector fields. Contrast this to the last generation where many of the top largest occupations paid a wage that was enough to propel someone into the middle class. Out of the top 10 occupations, there is only one job that pays a higher wage and this requires a college degree and specialized training.
Low wage America
Why do most people feel like they are struggling economically? One obvious reason is that most people are working in lower paying jobs. That is simply a reality. Every time we pull up nationwide income data or median figures there is undoubtedly some that think it is way too low. Yet this information is pulled from government sources like Social Security information, tax data, and the BLS.

This post was published at MyBudget360 on March 6, 2017.