When is a Recovery Not a Recovery?

Part-Time Work Becomes Full-Time Wait for Better Job. (The New York Times, 4/19/2013)

Photo credit:  Mesirow Financial

Where the majority of hiring has taken place since 2009

• Retailing
• Home health care
• Food preparation
• Temporary hiring agencies

Low-wage service sectors, in other words.

Restaurant, bars, and other food-service establishments account for 1 of 13 jobs.

Photo credit:  Wikipedia

Those primarily minimum-wage jobs.

You can then imagine the course of this recovery.

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