Friday, August 01, 2014

Old Workers (Wal-Mart Greeters) Hit Record High

As the following bar-chart illustrates (Zero Hedge), while all other age groups posted a jobs uptick for July 2014, it was those in the 25-54 age group that saw a 142,000 jobs decline for July.  (Historically, this age group is the most important and has the highest earnings.)  Those in the 55-69 age group saw an increase of 159,000 jobs. Welcome to the "NEW" normal.


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