Income gap may narrow further as economy cools
The 1990s recovery lifts wage growth for most workers but leaves gap at risk. Analysts say job losses in Asia and a slow factory/services transition could halt gains, with unemployment edging up toward 5 percent and most workers slipping behind inflation again. Stronger skills and low joblessness keep some gains, yet the bottom end still trails.
MENTIONED IN THIS ARTICLE
Washington
Byron Larsen
Alaska
San Francisco
California
Larsen
Times
Ernst and Young
U.S
Labor Department
Economic Policy Institute
Asia
Mark Zandi
Regional Financial Associates
West Chester
Lawrence Mishel
Mishel
Fewer airbag cutoff switches installed than expected
Fewer than 37,000 vehicle owners requested air bag cutoff switches after the Jan 19 allowance and only about 2,300 had them installed by month end. NHTSA officials cited cost and consumer hesitation as key factors, with prices ranging from 150 to 400 dollars per unit.
MENTIONED IN THIS ARTICLE
National Highway Traffic Safety Administration
U.S
NHTSA
Timothy Hurd
Hurd
Joan Claybrook
Public Citizen Group
Claybrook
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