July 29, 2016 Comments Off on 84% of U.S. Jobs Can’t Keep Up with the Cost of Living Views: 463 California News, Connect Classroom, National News

84% of U.S. Jobs Can’t Keep Up with the Cost of Living

According to a new analysis by Indeed.com’s research group, Hiring Lab, only 16% of jobs paid enough to keep up with the cost of living from 2012 to 2015. These jobs fell into the following industries: health care, management, business and financial operations, architecture and engineering, and computer and mathematics.

Given the concentrated industries in which these jobs existed, the playing field becomes even smaller based on location. The study found that more than half of such jobs were offered in just nine states, namely California, Maryland, New Jersey, Massachusetts, Alaska, New York, Virginia, New Mexico, and Washington, as well as the District of Columbia.

On the bright side, the 16% of jobs that pay the best by keeping up with the standard of living are only 9% likely to be replaced by automation in the future. But, what goes without saying, is that all other jobs are at a 46% risk.

Read More at Fortune

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