Stagnant Middle Class
“Here’s the central paradox of American jobs and education. While benefits from going to college are increasing exponentially, the fastest growing jobs aren’t for high-earning college graduates.”
Sign up for The Nightcrawler Newsletter
A weekly collection of thought-provoking articles on tech, innovation, and long-term investing from Nightview Capital’s Eric Markowitz.
“Here’s the central paradox of American jobs and education. While benefits from going to college are increasing exponentially, the fastest growing jobs aren’t for high-earning college graduates. They’re for low-wage workers. Retail sales persons, cashiers, and food preparation workers are adding more jobs than any in the country. Their combined median wages are below $10. In the last year, middle income jobs have been hit the hardest, while lower-income jobs have grown faster than high-income jobs. Does that mean the benefits from going to college are actually falling?”
