The Crittenden Women’s Union released their new MassFESS budgets/calculations. This is very readable economic analysis.
This includes the Hot Jobs report where they list jobs which pay people enough to support a family with an AA degree or less.
The number of these “Hot Jobs” has dropped from 26 to 11 since 2007.
This is a concerning trend, as an economic justice issue, for the health of our communities, and our economy.
Millionaires and large corporations are not the job creators – it the purchasing power of the workers/consumers that drives the economy.
The majority of the 2007 Hot Jobs that didn’t meet the criteria in 2010 fell off the list because of low vacancy rates, most likely due to the recession. However, a few jobs no longer met the wage requirements and, in some cases, are now saddled with both low vacancy rates and wages that no longer meet family-sustaining criteria.
As job opportunities for middle-skilled workers are diminishing, health care, child care, and housing expenses and the overall cost of living have been rising.4 Seventy-three percent of low-income families in Massachusetts, for example, expend more than one-third of their income on housing, which is more than every other state in the country except New Jersey.5 Hot Jobs 2010 lists 11 high-demand occupations in today’s market that provide family-sustaining wages and require two years (or less) of post-secondary education.
This is 15 fewer jobs than just three years ago. Even as the number of these occupational paths dwindles, rising unemployment and stagnant wages mean increasing numbers of individuals are mired in poverty and in need of realistic pathways to economic independence.