Real annual earnings of production and nonsupervisory workers: down 15.4% from 42 years ago.
But it performs miracles on corporate profits.
Job cut announcements in tech doubled from a year ago. Worst year since 2009.
The designated losers of monetary policy. There are a lot of them.
Humans need not apply.
The word “gloomier” inconveniently shows up to describe CEOs’ outlook.
The Fed’s policies have rewarded financial engineering at the expense of job creation.
Reader speaks up: “Those 2 years of unemployment were the darkest moments of my life.”
A whole system with convenient low-cost tools.
“Lies, Damn Lies, and Statistics”