This is exactly what the oligarchs planned: the replacement of careers with jobs for serfs.
It was a restructuring, not a recovery.
From your own article:
Still, the economic improvement hasn’t translated into significant wage growth — a reason one in three Americans still categorizes the economy as “poor,” according to the Pew Research Center. The average American makes three cents per hour more today than last month, and 48 cents an hour more than a year ago. Economists say that, for now, the labor market still has a degree of slack — meaning that job seekers well outnumber actual jobs, and employers don’t need to offer wage increases to get and keep employees.
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Wage growth has been slowest at the bottom, particularly for part-time workers. And the biggest bump has come not from employers, but from state- and city-level minimum wage legislation. A handful of states, including reliably red-voting Arkansas and Nebraska, this week passed ballots to boost the minimum wage.
“Wages are still growing slower than the Fed would like, slower than everybody in the economy would like,” said Stu Hoffman, chief economist for PNC Financial. “I think it will speed up as this unemployment comes down, but that is one of the most important missing links in the job market.”
Perhaps the most vexing problem is seen in a wave of part-time workers who have swept reluctantly into the workforce as companies, post-recession, cut down on full-time jobs with benefits. Some 27.1 million Americans now hold part-time jobs, compared with 24.8 million a decade ago. Nearly all of that increase has come from workers who say they’re looking for full-time work but can’t find it. Among the part-timers, African-Americans have actually seen their wages drop nearly nine percent since 2009.
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