The recession’s hidden costs
Heidi Shierholz Lawrence Mishel Andrew Green
September 4, 2009

September 7, 2009 | EPI Briefing Paper #240

The recession's hidden costs
Workers lucky enough to keep their jobs still feel the pain in their paycheck

Many workers who have not lost their jobs during the recession have lost wages. Wage growth slowed dramatically in recent months and many employers are cutting hours, threatening to further limit consumer consumption and delay an economic recovery.