Monday, December 10, 2007

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real wage

The economy grows and grows, but nothing like before. Even the big banks will gradually uncomfortable. In a study by UBS, it is called this week: "The fruits of sustained growth have been very one-sided from the shareholders benefited. In continental Europe, the percentage of wages in gross domestic product in the last 20 years decreased from 66 to 55 percent. "

In Switzerland, the real wage declined by 1.4% since 1998.

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