Tag: economics

What economic recovery?

 The National Bureau of Economic Research (NBER) recently published this study showing that for the majority of workers laid off in the recession of 2007-2009, a recovery of full time work has not happened. Great Recession Job Losses Severe, Enduring Of those who lost full-time jobs between 2007 and 2009, only about 50 percent were employed in January …

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Economic Inequality Running Riot

By MIKE WHITNEY, reposted from Counterpunch by permission: JANUARY 15, 2015 Down the Plughole 40 Years of Economic Policy in One Chart by MIKE WHITNEY Growth of Real Hourly Compensation for Production/Nonsupervisory Workers and Productivity, 1948–2011 Is America in the throes of a class war? Look at the chart and decide for yourself. It’s all there …

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