Workers in seven of the 10 largest occupations typically earn less than $30,000 a year, according to new data published Friday by the Bureau of Labor Statistics. That's a far cry from the nation's average annual pay of $45,790.
Food prep workers are the third most-common job in the U.S., but have the lowest pay, at a mere $18,720 a year for 2012. Cashiers and waiters are also popular professions, but the average pay at these jobs tallies up to less than $21,000 annually. There are 4.3 million retail sales workers out there, making them the most common job, but the position pays only $25,310 for the year.
Among the 10 most popular professions, only the nation's 2.6 million registered nurses earn a good living, bringing home nearly $68,000 a year on average. Another two of the most common jobs -- secretaries and customer service representatives -- have an average annual wage of about $33,000.
Wages have been in the spotlight this year as the debate over income inequality intensified. Middle-class Americans have been losing ground, as median household income dropped by more than $4,000 since 2000.
Part of this decline stems from a disappearance of middle-class jobs and an explosion of lower-paying ones. Some 58% of the jobs created during the recovery have been low-wage positions, according to a 2012 report by the National Employment Law Project. These low-wage jobs had a median hourly wage of $13.83 or less.
President Obama has been pushing to raise the federal minimum wage to $9 an hour, and several states are considering increasing their minimum wages.
| Occupation | U.S. employment | 2012 annual mean wage |
|---|---|---|
| Retail salesperson | 4,340,000 | $25,310 |
| Cashier | 3,314,010 | $20,370 |
| Food prep worker | 2,943,810 | $18,720 |
| Office clerk | 2,808,100 | $29,270 |
| Registered nurse | 2,633,980 | $67,930 |
| Waiter | 2,332,020 | $20,710 |
| Customer service representative | 2,299,750 | $33,110 |
| Laborer | 2,143,940 | $26,410 |
| Janitor/cleaner | 2,097,380 | $24,850 |
| Secretary/administrative assistant | 2,085,680 | $33,560 |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.57% | 3.69% | |
| 15 yr fixed | 2.78% | 2.93% | |
| 5/1 ARM | 2.64% | 2.82% | |
| 30 yr refi | 3.55% | 3.76% | |
| 15 yr refi | 2.77% | 3.02% |
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|---|---|
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