The Human Cost Of Surging Corporate Profits

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, January 9, 2013 The Human Cost Of Surging Corporate Profits Stocks continue to sit near five-year highs thanks to corporate profits rebounding from the recession and surging to all-time highs. Meanwhile, the U.S. economic recovery continues to be anemic.  And the biggest symptoms of that are the weak labor market and low wages. These two stories go hand-in-hand because part of the corporate profit rebound has been driven by lower costs in the form of workforce and wage reduction. This chart from Goldman Sachs' David Kostin demonstrates that dynamic perfectly: Read » Also On Money Game Today: SocGen Offers A Surprising Forecast For Gold Under A Chinese Hard Landing Scenario CHARTS: The Highest Effective Personal Tax Rates In The World Advertisement CHART OF THE DAY: The Predictive Power Of The Famous Shiller PE Ratio CHART OF THE DAY: The Elements Of Social Unrest Loom Large Across Europe CHART OF THE DAY: THE SCARIEST JOBS CHART EVER Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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