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Excerpt from: World Growth vs. Copper with 3-Month Lag; Iron Sinks to 5-Year Low; US Will Not Decouple
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For detailed analysis, please consider The Worst Job Stat Continues To Get Even Worse by Jed Graham at Investor’s Business Daily. Amid all the focus on boosting the minimum wage and legislating living wages, virtually no one seems to have noticed what is happening to the workweek in low-wage industries. Since December 2012, private industries paying up to about $14.50 an hour have added, on net, 972,000 nonsupervisory jobs with an average workweek of a mere 17.7 hours, an IBD analysis finds.
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Read More: EU Threatens New Sanctions; Russia Responds with Threats on Natural Gas and Airspace Flight Restrictions
Read the original: China Banking Crisis "Almost" Certain Says Senior International Economist; Global Banking Crisis "Is" Certain Says Mish
See the article here: Lessons on Hornets and Bears; Ukraine Ceasefire a Victory for Common Sense
For discussion of income distribution, please see What’s "Really" Behind Gross Inequalities In Income Distribution? Birth Death Model Starting January, I dropped the Birth/Death Model charts from this report.
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