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The biggest challenge facing the American economy is high unemployment and the lack of well paying jobs that formed the core job base of the middle class. Jobs generated since 2008 are largely low wage part-time work in retail and related industries. Wages have also fallen sharply in manufacturing industries as the U.S. competes with Asian manufacturers.
New York Times 11/07/2012
A Part-Time, Low-Wage Epidemic
Wall Street Journal 11/06/2012
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