Wages up for the well-off, but not for others (tags)
The gap between workers in the 90th earning percentile and the 10th has never been wider. Said Ann Owen, economist at Hamilton College (NY) and former Federal Reserve economist (DC), "we can probably project a future growth in inequality."
Unemployment rate at 6.4%. Highest in 9 years. (tags)
In a bleak start to the Fourth of July holiday weekend, the government reported today that the nation's unemployment rate climbed to its highest level in more than nine years during June.