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Why there's a bull market for investors and a bear market for workers
Why there's a bull market for investors and a bear market for workers

Last Friday, the Labor Department reported that 236,000 new jobs were created in February. That's good news -- but not nearly good enough. Even if this rate were to continue, which seems unlikely, the United States wouldn't be back to pre-recession levels of unemployment for another four years. American workers remain in a bear market. More than 12 million Americans are still without work. Another 8 million are working part time but would rather be working full time. Many have given up looking. The percent of working-age Americans holding jobs is the lowest it's been in decades. Wages, meanwhile, continue to fall behind inflation. The real median wage is about 8 percent...

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