Majority of new October jobs pay below average wage

``... only about 40% of the new jobs created in October were in fields that pay above the average hourly U.S. wage of $24.57. That's down from 60% in September. The mediocre nature of many new jobs and slow wage growth are perhaps the biggest obstacle to a full-blown economic recovery... Some of the new jobs are also unlikely to last long. Restaurants and retailers, for example, tend to beef up staff ahead of the holidays and slim down after New Year's.''