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Higher Pay Drives Home Sales, but most New Jobs are Low Wage


By Call it Crazy   Follow   Fri, 31 Aug 2012, 2:48pm   1,936 views   17 comments
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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.......

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"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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  1. Raw


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    1   2:58pm Fri 31 Aug 2012   Share   Quote   Permalink   Like   Dislike  

    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.

  2. Call it Crazy


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    2   3:44pm Fri 31 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike (2)  

    Raw says

    It's still better than no jobs being created. I think the worst is behind us and the economy will boom next year.

    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/

  3. ZMan


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    3   6:50pm Fri 31 Aug 2012   Share   Quote   Permalink   Like   Dislike  

    Raw says

    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.

    Thanks for lighten the mood, We all know your joking.

  4. CaptainShuddup


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    4   8:51am Sat 1 Sep 2012   Share   Quote   Permalink   Like   Dislike (2)  

    Raw says

    I think the worst is behind us and the economy will boom next year.

    Let's not count our chickens yet, we still gotta get Romney elected.

  5. Raw


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    5   9:10am Sat 1 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    CaptainShuddup says

    Raw says

    I think the worst is behind us and the economy will boom next year.

    Let's not count our chickens yet, we still gotta get Romney elected.

    It should happen no matter who gets elected.
    Some things are beyond the control of even Presidents.

  6. Raw


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    6   9:11am Sat 1 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Cheer up guys. How bad can it be?

  7. ZMan


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    7   11:51am Sat 1 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike  

    CaptainShuddup says

    Raw says

    I think the worst is behind us and the economy will boom next year.

    Let's not count our chickens yet, we still gotta get Romney elected.

    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?

  8. taxee


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    8   4:14am Sun 2 Sep 2012   Share   Quote   Permalink   Like   Dislike   Protected  

    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.

  9. Call it Crazy


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    9   6:51am Sun 2 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike (2)  

    ZMan 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?

    Now there is someone who has their eyes open.....

    We are going down the rat hole no matter who wins in November...

  10. ZMan


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    10   7:21am Sun 2 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Some people, just makes you wonder.
    Use not real proof or references, just say what they are told

  11. tatupu70


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    11   8:07am Sun 2 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    ZMan says

    Some people, just makes you wonder.
    Use not real proof or references, just say what they are told

    Did I miss where you posted any proof or references? Or are you refering to your posts?

  12. 37108605


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    12   3:50am Mon 3 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    Raw says

    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.

    What the hell are you on? The worst is behind us?!??? Wow, you are an example of what this crew in office have done.

  13. Raw


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    13   9:37am Mon 3 Sep 2012   Share   Quote   Permalink   Like   Dislike  
  14. george9t7


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    14   10:04am Mon 3 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike  

    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.

  15. ZMan


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    15   3:04pm Mon 3 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    tatupu70 says

    ZMan says

    Some people, just makes you wonder.

    Use not real proof or references, just say what they are told

    Did I miss where you posted any proof or references? Or are you refering to your posts?

    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

  16. Entitlemented


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    16   9:24pm Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    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.

  17. SJ


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    17   10:39pm Sat 15 Sep 2012   Share   Quote   Permalink   Like   Dislike  

    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!

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