December 2001

Which earnings group was most affected by the slowing economy?

Randy Ilg

Even prior to the events of September 11, questions had arisen as to who had been adversely affected to the greatest degree. There is little doubt that many workers in manufacturing and related industries had lost jobs, and that those losses affected every major demographic group. But, were higher paid, highly skilled individuals affected to a greater extent than lower paid, less skilled workers?

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