The Shared Discontent of the Working Class and Recent College Graduates


Writing for the World Socialist, Patrick Martin reports the findings not only of UC-Berkeley economist Emmanuel Saez report on recent income growth for the Washington Center for Equitable Growth, but also a report from the Georgetown University Center on Education and the Workforce:

“A second report issued this week, by the Georgetown University Center on Education and the Workforce, examined social polarization within the United States from the standpoint of access to a college education. While 14 million new jobs have been created over the past 68 months (more than five and a half years) of ‘economic recovery,’ it is well known that the vast majority of these jobs are lower paying and more precarious than the jobs they replaced.

The Georgetown study found that these newly created jobs have been filled almost entirely by college-educated workers. Of the 11.6 million jobs created between January 2010 and January 2016, 11.5 million went…

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