Income Crisis

We are used to talking about job losses in the midst of a recession. That’s a measurement we’ve seen before. But there’s a new indicator in the spotlight, income loss, and it may just tell us more. 

Many employers are choosing to hold off layoffs as long as possible through wage cuts. Resulting in what experts have termed an income crisis.

Related Article from Politico:  American’s Hidden Economic Crisis: Widespread Wage Cuts

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