Tag Archives | stagnation

Great Recession

How Have Salaries Changed Since the Great Recession?

The Great Recession is the name given to the global economic downturn of the late 2000s. It has also been labeled the Lesser Depression, Long Recession and Second Great Depression. The Great Recession caused almost every industry to streamline, cut the workforce and reduce or cap salaries. The effects continue today. Salary Stagnation and Decline […]

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