In fact, there is no convincing, data-driven proof that trade has led to any overall job loss during the last 30 years. To the contrary, the economy has grown at a slow but steady rate (a few brief recessions notwithstanding) with trade and employment rising in tandem.
To prove that there has been substantial growth of middle-class jobs, I compare the situation that existed in 1979 with that of 2005. The base year is 1979 because it represents the last business-cycle peak before income inequality and the U.S. trade deficit began to grow quickly in the 1980s. To make the comparison fair, earnings in 1979 are increased by almost 150% to adjust for inflation.
Let us look at the distribution of earnings in 1979, compared with the distribution of earnings of the net new jobs created since that year. To begin with, it is necessary to assess the experiences of male and female workers separately. Unfortunately, it is still true that a large number of women are employed in occupational titles that are predominantly held by women -- e.g., teachers, nurses, and clerical workers.
Nevertheless, there has clearly been a sharp increase in female middle-class employment. As recently as 1979, 61% of female workers were in jobs that paid less than $25,000, and only 3% earned more than $50,000 a year. By contrast, more than 36% of new jobs that opened since 1979 for women pay more than $50,000 and only 17% pay less than $25,000.
For men, the change in employment since 1979 has not been quite as clear-cut, or as positive. There has been a tremendous growth in the number of men in high-paying jobs: In 1979, just 10% of male workers earned above $75,000, while fully 34% of new jobs since 1979 have paid this amount or more.
Oct 24, 2007
Clase media americana
Más malas noticias para los que buscan malas noticias. No se pierdan este ensayo sobre el mito de la pérdida del empleo por parte de la clase media norteamericana:
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Y no sólo eso, reciben medio millón de mexicanos por año y todos consiguen trabajo.
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