This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

9 Jobs That Grew After the Recession

NEW YORK ( MainStreet) -- A good job is hard to find in this economy, but one recent report shows it's not impossible.

Of all the jobs lost during the recession and its aftermath, the occupations that were hardest hit were midlevel positions, which accounted for 60% of the jobs lost between the first quarter of 2008 and the first quarter of 2010, according to an analysis of labor data by the National Employment Law Project.

Midwage positions are defined as those paying between $13.53 and $20.66 an hour, or roughly $28,000 to $43,000 a year, and these are typically the jobs that serve as the bread and butter for many lower- and middle-income Americans.

During the economic recovery that followed the recession, the labor market showed modest signs of improvement, but most of the new jobs were low-wage positions, which the NELP found expanded by 3.2% between the first quarter of 2010 and the first quarter of 2011. By comparison, midwage jobs grew by just 1.2% during that time period.

Even so, some of the good jobs have started to return. NELP singled out several midwage positions that added tens of thousands of jobs in the same period. Not all have bright employment prospects in the long term, but if you are looking for a good, paying job right now, these may just be your best bet.

Ninth-biggest growth: First-line supervisors of production and operating workers
The construction industry was hit hard by the recession as the housing crunch cut into the sector's business, and in the years since the recession ended has continued to struggle. But some professions within the industry have fared better than others, including first-line supervisors, who oversee the day-to-day operations of machine setters, assemblers, system operators and more.
Employment growth between 2010-11: 79,622
Median hourly wage: $19.45

Eighth-biggest growth: Sales representatives, services, all other
Sales associates and cashiers often rank on the lower end of the pay scale, but according to the Bureau of Labor Statistics, these particular representatives typically work in better-paying industries such as telecommunications and computer systems design, accounting for their growth.
Employment growth between 2010-11: 80,379
Median hourly wage: $20.43

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.70 -0.19%
FB $78.81 -0.23%
GOOG $540.78 0.54%
TSLA $230.51 1.98%
YHOO $42.04 -1.11%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs