New Productivity Paradox
As mentioned earlier, there are very specific factors worth noting that make this modern era (read - post WWII) economic recovery somewhat different than prior scenarios. We discussed this extensively back on June 19. 2003, in a piece titled the "New Productivity Paradox."
If you have not yet read this one pager, you can grab it here:
It goes a long way in explaining why this has been a jobless recovery . . .
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