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Thread View: gwene.com.goldseek.news.news
1 messages
1 total messages Started by unknown Mon, 05 Mar 2012 16:05
Salaries: Dim Light, Long Tunnel
#3959
Author: unknown
Date: Mon, 05 Mar 2012 16:05
1 lines
736 bytes
MarketWatch ran an article on the lack of optimism for the American job market. It offered no analysis of why the market is bad, but it made it clear that it is not likely to get better anytime soon. The article focused on the job market since 2008. It included a chart on salaries since 1980. It has three categories: college graduates, high school dropouts, and total. The chart reveals that there has not been much improvement for a decade. The flat-lining of salaries began a decade ago, not in 2008. Conclusion: things are a lot worse than the article reported.This flat-lining is not simply a result of the recession of 2008-9. It is a long-term condition.
<p><a href="http://news.goldseek.com/LewRockwell/1330959900.php">Link</a>
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