The $1 Trillion Wage Deficit

John Schmitt and Dean Baker

Challenge, 2010, vol. 53, issue 2, 47-53

Abstract: Jobs will be the theme of this election season. The Congressional Budget Office estimates that unemployment will not fall to acceptable levels for years. But how much will be lost in lower or forgone wages? The toll, as calculated by John Schmitt and Dean Baker, is shocking.

Date: 2010
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DOI: 10.2753/0577-5132530203

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