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Second-Longest US Expansion on Record Keeps Churning Out Jobs: Economists say growth is sluggish -- and wages are still stagnant.

Authors :
Boak, Josh
Source :
Skanner (Seattle, WA & Portland, OR Combined Edition); 5/23/2018, Vol. 40 Issue 34, p9-9, 2/3p
Publication Year :
2018

Abstract

The article reports that the U.S. economy has delivered only steady and modest gains for most Americans since the Great Recession ended in 2009. It states that the sluggishness of the economic expansion which is the second-longest on record, and mentions that according to Gus Faucet, chief economist for PNC Financial, annual wage growth could significantly increase. It notes that employers have become less and less likely to shed employees due to lack of qualified workers.

Details

Language :
English
Volume :
40
Issue :
34
Database :
Complementary Index
Journal :
Skanner (Seattle, WA & Portland, OR Combined Edition)
Publication Type :
News
Accession number :
129946053