Labor & Economic News Blog
Thursday, August 28, 2008
Middle class: We're working harder, being paid less and worried about the future
Middle class: We're working harder, being paid less and worried about the futureSince the 2001 recession, the American work force has contributed to a robust 20 percent growth in productivity, as measured by the gross national product. Yet seven years into this economic cycle, most middle-class American households have less inflation-adjusted income than they had when it started.
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