[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page:work\u002Fcollective-bargaining-agreement\u002Fupdates\u002Fcb-news-2009\u002Famericans-lose-us-1-trillion-in-wages-till-2012-report-4-dec-2009-1":3},{"id":4,"slug":5,"title":6,"short_title":7,"intro_text":7,"meta_description":8,"seo_title":8,"path":9,"content_type":10,"locale":11,"go_live_at":7,"first_published_at":12,"page_created_at":13,"published_at":12,"edit_url":14,"breadcrumbs":15,"seo":29,"body_blocks":37,"call_to_action":43,"categories":50,"labels":51,"owner":7,"authors":52,"related_pages":53,"related_sites":54,"in_subsite":55,"contact_page_url":56,"banner_message":57},20397,"americans-lose-us-1-trillion-in-wages-till-2012-report-4-dec-2009-1","Americans lose US$ 1 trillion in wages till 2012 - report - December 4, 2009",null,"","\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002Fcb-news-2009\u002Famericans-lose-us-1-trillion-in-wages-till-2012-report-4-dec-2009-1","pages.newspage","en","1969-12-30T23:00:00+00:00","2025-12-15T15:52:58.142304+00:00","\u002Fcms\u002Fpages\u002F20397\u002Fedit\u002F",[16,19,22,25,28],{"title":17,"slug":18},"World of Work","work",{"title":20,"slug":21},"Collective Bargaining Agreement","collective-bargaining-agreement",{"title":23,"slug":24},"Collective Bargaining Updates","updates",{"title":26,"slug":27},"2009","cb-news-2009",{"title":6,"slug":5},{"title":6,"description":8,"image":30,"canonical":31,"robots":32,"og_type":33,"twitter_card":34,"locale":11,"created_at":35,"last_modified_at":36},"https:\u002F\u002Fwageindicator.org\u002Fmedia\u002Fimages\u002FSocial_media_preview_image_-_2025.2e16d0ba.fill-1200x630.png","https:\u002F\u002Fwageindicator.org\u002Fwork\u002Fcollective-bargaining-agreement\u002Fupdates\u002Fcb-news-2009\u002Famericans-lose-us-1-trillion-in-wages-till-2012-report-4-dec-2009-1\u002F","index, follow","website","summary_large_image","1969-12-31T00:00:00+01:00","2025-12-26T11:47:23.540451+01:00",[38],{"type":39,"data":40},"raw_html_block",{"content":41,"variant":42},"\n\u003Cp>\u003Cspan class=\"Apple-style-span\">F\u003C\u002Fspan>or wage earners in the United States the recession is not over, but might only begin, says a new report by the \u003Ca class=\"zem_slink freebase\u002Fguid\u002F9202a8c04000641f8000000000e4c9f4\" href=\"http:\u002F\u002Fen.wikipedia.org\u002Fwiki\u002FCenter_for_Economic_and_Policy_Research\" rel=\"wikipedia\" title=\"Center for Economic and Policy Research\">\u003Cspan class=\"Apple-style-span\">Center for Economic and Policy Research\u003C\u002Fspan>\u003C\u002Fa> (CEPR). \u003C\u002Fp>\n\u003Cp>The total wage deficit will amount from 2008 till 2010 to more than\r\none trillion US dollar, more than the estimated costs of president\r\nObama's ambitious health care plan. \u003C\u002Fp>\n\u003Cp>For what the authors call a \"conservative estimate\" they use data from the \u003Ca class=\"zem_slink freebase\u002Fguid\u002F9202a8c04000641f80000000000845a5\" href=\"http:\u002F\u002Fen.wikipedia.org\u002Fwiki\u002FBureau_of_Labor_Statistics\" rel=\"wikipedia\" title=\"Bureau of Labor Statistics\">\u003Cspan class=\"Apple-style-span\">Bureau of Labor Statistics\u003C\u002Fspan>\u003C\u002Fa> and the \u003Ca class=\"zem_slink freebase\u002Fguid\u002F9202a8c04000641f800000000040f7c4\" href=\"http:\u002F\u002Fen.wikipedia.org\u002Fwiki\u002FCongressional_Budget_Office\" rel=\"wikipedia\" title=\"Congressional Budget Office\">\u003Cspan class=\"Apple-style-span\">Congressional Budget Office\u003C\u002Fspan>\u003C\u002Fa>.\r\n\"From\r\nthe standpoint of jobs - the economic variable that most concerns\r\nAmerican - the recession is not even one-third over,\" the report says.\r\nSalary losses over 2008 and 2009 have been relative moderate, compared\r\nto what we can expect.\r\n\"Lost earnings in 2011 will be higher than they were in 2009; and 2012\r\nwill be almost three times as bad as 2008, the first full year of the\r\nrecession.\" \u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fwww.cepr.net\u002Fdocuments\u002Fpublications\u002Fwage-deficit-2009-12.pdf\">\u003Cspan class=\"Apple-style-span\">The full report can be obtained here (pdf)\u003C\u002Fspan>\u003C\u002Fa> \u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Ftalkingunion.wordpress.com\u002F2009\u002F12\u002F03\u002Fwageloss\u002F\">\u003Cspan class=\"Apple-style-span\">(h\u002Ft Talking Union)\u003C\u002Fspan>\u003C\u002Fa> \u003C\u002Fp>\n\u003Cp>\u003Ca href=\"http:\u002F\u002Fwww.paywizard.org\u002F\">\u003Cspan class=\"Apple-style-span\">The Paywizard, the US WageIndicator can be found here. \u003C\u002Fspan>\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp> \u003C\u002Fp>\n","light",{"text":44,"link":45},"Contact us",{"title":44,"url":46,"description":44,"rel":47,"type":48,"id":49},"\u002Fabout\u002Fcontact","follow","internal",24590,[],[],[],[],[],false,"\u002Fwork\u002Fliving-wages\u002Fcontact-us","\u003Cp>Welcome to WageIndicator. Same organisation, same information, new look!\u003C\u002Fp>"]