The Daily Stat: Midskilled Jobs Are Shrinking Faster than Others in U.S.

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile AUGUST 29, 2012 Midskilled Jobs Are Shrinking Faster than Others in U.S. The median household income of Americans who attended college but didn't graduate has slid 9.3% over the past few years, while other groups' income has declined less drastically, according to a New York Times report of data from Sentier Research. High-school droputs' income is down 5.3% and college grads' is down 5.9%. The data supports a conjecture by economists that the American job market is "hollowing out"—that midskilled jobs are shrinking in comparison with high- and low-skilled jobs, the Times says. Source: Big Income Losses for Those Near Retirement Share Today's Stat: FEATURED PRODUCT Finance: A Self-Paced Learning Program Online Tools The Finance Self-Paced Learning Program provides a fundamental understanding of the principles, analytical tools, and knowledge needed to make good investment and financing decisions. Developed by Harvard Business School faculty for use in MBA and executive education courses at HBS and other leading business schools, as well as Fortune 2,000 companies this program will introduce you to finance ratios, forecasting methods, capital structure theory, and risk-return analysis and then demonstrate how to apply these concepts in several different approaches to valuing a business. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS Walking Gains Greater Popularity Among Americans Aversion to Taxes Goes Beyond the Costs Moms Talk About Numbers More to Boys than Girls Why You'll Give More to Help a Group of Siblings than Separate Individuals Men Search Farther Afield than Women for Job Options Single Adults in U.S. May Soon Outnumber Those in Marriages Olympic Gold Yields Huge Government Payments in Some Countries Toddlers Cared for by Grandma Have Lower Scores Numbers of Stay-at-Home Dads Rise Dramatically You Get the Biggest Bang from an MBA if You've Never Held a Job Introducing HBR's Morning Advantage The Harvard Business Review Morning Advantage delivers the latest business ideas from beyond HBR.org directly to your inbox every morning — and it is free! Sign up today >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2012 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)