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Here’s why millions of Americans feel left behind by the economic recovery





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There is a reason so many Americans feel the economy’s recovery from the Great Recession has not benefited them: it hasn’t.

An expansion that began, believe it or not, more than seven years ago, has extended a longer-run trend of wage stagnation for the average US worker, despite a sharp drop in the official unemployment rate to 4.4% from an October 2009 peak of 10%.

No wonder the recovery seems so lopsided, particularly given economic inequality levels not seen since before the Great Depression.

A new report from the Hamilton Project, an economic policy initiative of the Brookings Institution read more >>>

Source:: BusinessInsider.Com

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