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Workers Get Fewer Hours, Deepening the Downturn

New York Times Original article ›

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The unemployment rate at 5.1 % may not reflect the true situation in falling consumption as there are more partime workers and full time workers are working fewer hours so that wages are dropping throughout working class Americans. Look for falling consumption at yor neighborhood Walmart or retailers.

The shift to part-time workers, lower incomes and the U.S. unemployment rate- 2008 -2014

03/08/2008

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