Tag Archives: Low-Wage Earners Struggle to Attain Home Ownership

A study shows that most of the new jobs created post-recession have been low-wage jobs, which doesn’t bode well for helping to lift the housing market. From the first quarter of 2010 through the first quarter of 2012, low-wage jobs rose 2.7 times faster than mid to higher-wage jobs, according to a study by the National Employment Law Project. For the study, the advocacy group labeled low-waged jobs as those that pay between $7.69 to $13.83 per hour; mid-waged jobs between $13.84 to $21.11 per hour; and high-waged jobs between […]