America is losing its one-time healthy middle class and desperately wants it back. But how? Some say reviving manufacturing jobs. Some say redistributing existing wealth. Some say a universal basic income. Academics are fond of upskilling and lifelong education. Even U.S. CEOs are now saying that they need to create more higher-paying jobs.
Service Jobs Should Be — and Can Be — Middle-Class Jobs
42 million Americans work in retail, food service, and similar roles.
August 30, 2019
Summary.
America is losing its one-time healthy middle class and desperately wants it back. But how? Some say reviving manufacturing jobs. Some say redistributing existing wealth. Some say a universal basic income. Academics are fond of upskilling and lifelong education. Even U.S. CEOs are now saying that they need to create more higher-paying jobs. But what almost no one talks about is how we can improve the low-wage jobs — mostly in the service sector — that already exist. We can’t build a large enough middle class without improving these jobs. Several very successful retail chains, with different business models, have already figured out how to do it.
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Sharpening Your Business Acumen. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Take your career to the next level by learning business and finance basics, and developing an enterprise mindset.