Comment on MARK TO MARKET: Employment focus shifts from job growth to wage growth

MARK TO MARKET: Employment focus shifts from job growth to wage growth

Many Americans remember the 2007-2009 Great Recession’s impact on the U.S. labor market. Decimated by the fallout from the subprime mortgage crisis, between 2008-2009, the economy lost an average of 360,000 jobs/month. In October 2009, the unemployment rate peaked at…

 

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