The well-paying, predominantly white-collar jobs that once sustained many American communities are disappearing at an alarming rate, keeping the unemployment rate stubbornly high despite the end of the Great Recession.

BY KEVIN G. HALL at The MIAMI HERALD
EXCERPTS:

More troubling, these jobs in accounting, financial analysis, commercial printing and a broad array of other mostly white-collar occupations are unlikely to come back, experts predict.

“Unfortunately, the evidence is that you see a form of downward mobility of workers who are displaced from middle-skilled, stable career occupations,” said David Autor, an economist at the Massachusetts Institute of Technology, in an interview.

Autor published a much-discussed paper in April, suggesting that the U.S. labor market has become polarized, with employment growth in the high-skill, high-wage end, and the low-skill, low-wage end. The vast middle, he concluded, is shrinking.

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