The Massive Shedding of Jobs in America
Profits are rising sharply in the United States, but wages are not. The unemployment rate remains high, and a rapid increase in jobs is not forecast. Clearly, American business has shed jobs in short order. The resulting rise in productivity is not being shared by workers. How much longer can this go on? The authors analyze the disturbing numbers.
Volume (Year): 53 (2010)
Issue (Month): 6 (November)
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