Wince of the Week, week of September 10, 2012 comes from continuing analysis of the 2011 U.S. Census data released this week:
This is only the second time on record that productivity went up while wages decreased. The other time was between the brief recession of 2000-01 and the start of the Great Recession in 2007. The poverty rate went up in seven out of the last 11 years despite the fact that recessions took place in only four of those years.–excerpted from piece by Constantine von Hoffman on CBSNews.com, “Census report doesn’t capture extent of poverty”
