Lousy jobs

Looking at jobs more closely, America is creating really, lousy jobs:

“In 2010, the BLS reports that the economy added 1.12 million jobs.  Almost 60% of these jobs are in one of three relatively low-paying areas—temporary employment (308,000), leisure & hospitality (240,000), and retail trade (116,000).” In other words, of the 1.1 million private jobs gained in the last year, 650,000 or 60% are jobs that have absolutely no real wealth creation capacity, nor do they provide any real benefits.