The "new economy"

Rebecca Greenfield reports at Bloomberg,

What a job looks like has changed for many people since the recession.

Many people who lost well-paying jobs have found work, but for less money, doing hourly retail and food services jobs.

These new hourly workers not only make less money, but they have much less predictable schedules than hourly workers had before the recession, according to a new study from the University of California, Davis. "The jobs replacing the ones that were lost after the recession ended were a lot of low-wage hourly jobs with really variable schedules," said Ryan Finnigan, an assistant professor at U.C. Davis and one of the researchers who worked on the study.

Workers in these new economy jobs might work 38 hours one week and 15 the next. "Even though unemployment has sunk down, the quality of the jobs that replaced the ones that were lost were not quite the same," Finnigan added.

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