Where the Jobs Are, and Who’s Getting Them
Mike Mandel posts a useful chart showing where college-educated young folks are getting jobs: The big picture is that government and professional
Jul 31, 2020199.1K Shares6.8M Views
The big picture is that government and professional services (think white-collar jobs like accounting, law, consulting) are absorbing as many workers as the manufacturing and financial industries are shedding. (This is not to say that a worker who would have become a die caster is becoming a tax attorney — just that we know where the jobs are shifting.) Mandel adds, “We hear anecdotes about young college grads being forced to work as waitstaff in restaurants, and here’s one indication that might be more common than we would like — the number of young college grads working in hotels and restaurants is up 33K over the past year.”
But overall, employment among college graduates has grown by about 130,000 positions — not bad, given the economic straits. Things look much bleaker for low-income workers, to look at a different demographic breakdown. Today, Menzie Chinn posted this terrifying graphic:
As one might expect, the less a worker was making before she lost her job, the higher the chance she is unemployed or underemployed today.
Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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