Rich Countries Are Creating More Jobs by Creating Worse Jobs

Welcome to the recovery?

GIBS Information Centre / GIBSIC‘s insight:

curated to GIBS Bog Blog, July –

Worth noting: for most advanced economies, the new jobs being created are of lower quality, with the exceptions of countries like South Korea, Norway and Poland. The United States has fewer jobs, but is creating better ones–a finding that reflects growing inequality in the U.S. The emerging markets, on the other hand, are finding it easier to create more and better jobs because they’re starting from a low base. (In other words, it’s easy to improve job quality in a country where most people make less than $10 a day; it’s much harder in a country where the median income is $50,000 per ”   GRAPH

See on www.theatlantic.com

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