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If the Jobs Recovery Is ‘Real,’ Why Are Economic Fears Lingering?

From wallstcheatsheet.com

The recovery from the 2008 financial crisis and subsequent recession has lasted five full years, but even amid news that the U.S. economy grew a better-than-expected 4.2 percent in the second quarter and emerging unemployment remains well within comfortable bounds, the story of growth is much more complex than it appears at the surface. Thanks to wage stagnation and the concentration of employment gains in low-wage jobs, many Americans are still facing financial difficulties. A new survey conducted by Rutgers University found that two of every three Americans felt no improvement in their economic circumstances in the ... (full story)

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