More government agencies and companies are cutting wages or pushing employees to work more for less to avoid layoffs. It’s a departure from furloughs that were common earlier in the recession and may be a sign the economy could be flirting with deflation. Get the full story >>
Filed under Jobs/employment
Employers switch from furloughs to pay cuts
From the New York Times
Posted Aug. 4, 2010 at 5:59 a.m.