New Report Finds America Employed, but Perhaps at the Cost of the Housing Market
After spending the better part of a decade in disaster mode, the American economy has used the past four years to gradually bounce back to a relatively stable state, according to recent reports. In fact, millions of Americans are now back to work. But of course, with these numbers come a bit of good news and a bit of bad news.
The good news? A bolstered economy means an enlivened workforce, with nearly 4 million jobs being created in the past few years. The bad news? The overwhelming majority of these employment opportunities have come at places like McDonald's, Taco Bell and retail shops in strip malls. In a grander sense, the economy's bounce-back has yielded far more low-paying jobs than better-paid ones. But who cares, as long as there are jobs at all, right?
The housing market, ...