首页
登录
职称英语
[originaltext] Everyone knows about unemployment. But millions of working Am
[originaltext] Everyone knows about unemployment. But millions of working Am
游客
2023-12-24
48
管理
问题
Everyone knows about unemployment. But millions of working Americans are now facing a less familiar and perhaps more troubling problem: shrinking wages. It’s a phenomenon that takes many forms. Some workers have had to swallow outright pay cuts. Others have lost their jobs and, in the tough labor market of today, have had to settle for new ones at less pay. Still others—including employees at such giants as AT&T, Boise Cascade and Starwood Hotels—have had to accept pay freezes that, when rising prices are factored in, amount to reduced compensation. To add insult to injury, companies everywhere are reducing bonuses and overtime and eroding health and pension benefits.
The numbers are grim. For the 500,000 workers laid off since January, the average job search has stretched to a 19-year high of nearly five months—about twice the duration of the typical severance package. According to outplacement firm Challenger, Gray & Christmas, 17% of those who do find work—nearly double the historical percentage—are settling for less pay. The net result of the various pressures on pay is in the first three months of 2003, median weekly earnings adjusted for inflation fell 1.5%, according to the U.S. Labor Department. That’s the biggest drop since 1991, according to Jared Bernstein, an economist at the Economic Policy Institute, a research group based in Washington. Wage erosion partly explains why the Federal Reserve Board openly frets about the threat of deflation, a downward spiral in prices that can cripple an economy by making debt repayment more difficult and encouraging consumers to wait for even lower prices. Adding fuel to the deflation debate, the cost of goods to both consumers and manufacturers fell in April, officials reported last week.
选项
A、Pay cuts.
B、Pay freezes.
C、Bonus reduction.
D、Job-hopping.
答案
D
解析
将选项与原文相关信息处相比照,可得出正确答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3302765.html
相关试题推荐
Aftertwoyearsofworkingonthesubject,heseriouslyswitchedhisfieldagain
Nowadays,theinternetishelpingmillionsofspontaneouscommunitiestobloom,
Iseefourkindsofpressureworkingoncollegestudentstoday:economicpressur
Ifeveryoneis______tootherpeople’ssuffering,thenthesocietywillbediffic
Often,capriciousnessisthereasongivenfordoingnothing.Flexibleworkingis
Thesuggestionthatthemayorwillpresenttheprizeswasacceptedbyeveryone.A
NearlyeveryoneinBritainwouldliketoowntheirownhomeand,whethertheydo
Nowadays,manyself-importantyoungmenviewtheprospectworkingunderwomenas
AnArabnavyworkingonthepathnearbyloweredhisheavyhoeandsidledslowly
Onewomanwhochewedwithhermouthopenandgaveeveryonecruelnicknameshadl
随机试题
Whenasupplier’sshipmentsstartarriving_____late,incompleteordamaged,it’
Thisspeculation(acoursetaughtwithtechnologyhelpsstudentslearnmoret
()是保留地址,用做环回(Loopback)地址。A.10.1.1.1 B.
不属于医院感染的是A:病人在医院内获得的感染 B:新生几经胎盘获得(出生后48
下列符合早产儿外观特点的是A.皮肤红润,胎毛少 B.头发分条清楚 C.阴囊多
2013年全国中高等学校中,成人本专科生中的专科生大约有()万人。 A.1
过点M(3,-2,1)且与平行的直线方程是:
一个自然数的因数是指能够整除该数的自然数,超完满数指的是一个数的所有因数之和超过
绩效考评结果的应用至少应当包括( )。A.评定等级行 B.确定管理授权 C
甲公司与乙公司组成联合体投标,则下面说法正确的是( )。 A.共同投标协议在
最新回复
(
0
)