http://www.housingwire.com/rewired/higher-pay-drives-home-sales-most-new-jobs-are-low-wage
Yep... this should definitely pave the way for a housing recovery.......
********************
"America needs high employment numbers to spark a robust housing recovery, but most of the positions coming back online post-recession are low-wage jobs, the National Employment Law Project said."
"The advocacy group, which focuses on national employment issues, released a report saying low-wage occupations grew 2.7 times faster than jobs in the mid- to higher-wage categories from a period stretching from the first quarter of 2010 through 1Q 2012."
"Lower-waged occupations are those paying anywhere from $7.69 to $13.83 per hour."

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It's still better than no jobs being created. I think the worst is behind us and the economy will boom next year.
The future is always bright in America.
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Raw says
You should go ask that question to the approximately 360K people who file first time unemployment claims EACH week...
or, go ask the employees of the companies listed on the site below on how they feel the economy will be next year...
http://www.dailyjobcuts.com/
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Raw says
Thanks for lighten the mood, We all know your joking.
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Raw says
Let's not count our chickens yet, we still gotta get Romney elected.
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CaptainShuddup says
It should happen no matter who gets elected.
Some things are beyond the control of even Presidents.
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Cheer up guys. How bad can it be?
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CaptainShuddup says
Sorry to hear that, but things are not magically going to get better no matter who gets elected or re-elected.
Hope is great, but what has change for the better to set this economy on the right foot?
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El Cerrito, CA
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Times have changed. Now Mittens and BO can both afford to pay you $100 to shine their shoes without batting an eye. Theirs a lot more where that came from.
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ZMan says
Now there is someone who has their eyes open.....
We are going down the rat hole no matter who wins in November...
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Some people, just makes you wonder.
Use not real proof or references, just say what they are told
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ZMan says
Did I miss where you posted any proof or references? Or are you refering to your posts?
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Raw says
What the hell are you on? The worst is behind us?!??? Wow, you are an example of what this crew in office have done.
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Proof the worst is behind us:
http://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3
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Aliso Viejo, CA
Sure, the worst is behind us.
And, we can count on all those
new $10 hr. jobs to pump up the economy.
In fact, even if the rest of the $40 hr. jobs
were to dry up overnight and go to China.
The future is always bright in America.
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tatupu70 says
Yes it was for my post haha. Look at what 'Call my Crazy' said
Or better yet, go take a walk around your local downtown.
Should be enough of an answer/proof for ya
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Goleta, CA
Saw many people working on hardware component piece parts lose their job in the late 90s. So many engineers have had to change careers.
Just watched the NAFTA debates at youtube. Wow did Perot get it right, and Gore got it 180 degrees wrong. Gore looks like an arrogant school frat boy. He did not make a single salient arguement in the debate.
Yes, the new jobs are going to be closer to minimum wage, and we designed it to be so.
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Just read today in SJ Mercury News that real estate prices are up and sales up this year!
http://www.mercurynews.com/business/ci_21546829/bay-area-housing-market-continues-its-rebound
Looks like Patrick is WRONG! Bad news!