U.S. Economic Recovery Not Equal For All
There were many signs of economic recovery in 2014, but a new study by Pew shows many people didn't feel the effects.By Bram Sable-Smith | December 13, 2014
Many economists agreed 2014 was to be the year of economic recovery; and while that was confirmed by most of the indicators put under the microscope this year, a new study by the Pew Research Center finds that recovery has not been equal for all.
The U.S. economy started the year with a whimper and a disappointing 6.6 percent unemployment rate in January.
But that number dipped to 5.8 percent by October after the U.S. economy added at least 200,000 jobs for nine consecutive months, and analysts shifted their focus to a different indicator: wages.