TITLE

Your Incredible Shrinking Paycheck

AUTHOR(S)
Foroohar, Rana
PUB. DATE
February 2011
SOURCE
Time International (Atlantic Edition);2/28/2011, Vol. 177 Issue 8, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the decline in U.S. workers' share of the U.S. economy and reasons behind it. It states that an examination of the term "Marxism" in online search engines has increased and presents a brief overview of what Marxism is. It mentions that the U.S. Labor Department estimates that from 2007 to 2009, over half of full-time employees who became unemployed and found new jobs took pay cuts, with 36 percent taking pay cuts of 20 percent. It comments on factors causing reduced wages.
ACCESSION #
63594592

 

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