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Poor quality of new jobs is an additional concern

Over the past year, payroll employment has increased by just 1.1 million, reversing only a small number of the 8.3 million jobs lost during the recession. What makes the labour market recovery even more disappointing, however, is that those limited job gains have been disproportionally concentrated in relatively low-paying sectors and occupations. The problem is not just the quantity of new jobs being created, but the quality of those jobs as well.

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