Business Services Industry
Occupations and poverty
Monthly Labor Review, Nov, 2004
The chance of being among the working poor varies widely by occupation. Workers in occupations requiring higher education and characterized by high earnings, such as managers and professionals, were least likely to be classified as working poor in 2002. Only 2 percent of workers in these occupations who had been in the labor force more than half the year were among the working poor.
On the other hand, persons employed in jobs that usually do not require high levels of education and that are characterized by low earnings were more likely to be among the working poor. For example, 10.3 percent of service workers were classified as working poor in 2002. Service occupations, with 2.2 million working poor, accounted for 29.3 percent of all those classified as the working poor. These data are from the 2003 Annual Social and Economic Supplement to the Current Population Survey. For more information, see A Profile of the Working Poor, 2002, BLS Report 976.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



