Friday, 12 December 2014

Chart of the Week: Higher-Wage Industries are Adding More Jobs

This holiday season, our economy is ringing in some good news: The U.S. is outpacing much of the world in putting people back to work. Over the first 11 months of 2014, our economy has created 2.65 million jobs -- more than in any year since the late 1990s. Businesses have created 10.9 million jobs over the past 57 months in a row, extending the longest streak of private sector job growth on record. Over the last four years, we’ve put more people back to work than Europe, Japan, and all other industrialized nations combined.


The President is also committed to making sure that all hardworking Americans can see this progress in their paycheck. That is why the latest jobs report was so encouraging -- the pickup in the pace of job growth in 2014 has been in industries that pay higher wages.


Take a look at the chart to see which industries that offer higher incomes have added more jobs over the course of this year:



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