The recession’s hidden costs
By 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.
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