McJobs? Maybe Not

From Newsmax:

You often hear the argument that the types of jobs being created these days are more quantity than quality. Therefore, even though the unemployment rate is going down, American's standard of living will eventually fall.
But The Christian Science Monitor today refuted that argument, saying that the economy "isn't just producing jobs these days, it's producing good jobs."The paper points to quality job opportunities from companies such as Honeywell, which plans to hire workers at $40k to $100k to work in a data-storage center, AFB International, which is looking for technicians at $30k to $40k and PhD scientists at $80k to $100k.

Also railroads in Southern California are offering positions at $35k to $70k a year.The Monitor says that the availability of these types of jobs indicates "movement in a positive direction" for the employment situation in the U.S.Plus, the Monitor points to jobs in the management and professional occupations category tracked by the Labor Department.

The category is "employing 1.2 million more people this month than a year ago - or about 1 in 3 new jobs in America." The highest-paying category tracked by Labor, the median paycheck for full-time workers is $937 a week, far above the median of $651.

In addition, the Economic Policy Institute, which tracks the ratio of higher-paying to lower-paying jobs, reports that the ratio has turned positive this year for the first time since 2001.

That means, according to the Monitor, the new jobs tend to bring the average wage up, not down.Overall, the U.S. added 211,000 jobs in March and 590,000 jobs in the first quarter of this year. The unemployment rate is currently 4.7%.

Just think how much better the data would be if food producers had to pay market wages instead of using illegals to do their picking.