Economic Anxiety

Ten years of downsizing and widening income inequality have taken an enormous social toll. U.S. workers are losing faith in their ability to prosper

It starts with a rumor: A General Electric Co. plant in the American Midwest is about to close its doors and move its operations to Mexico. A friend calls: Her brother turned down AT&T's buyout offer, only to be faced with immediate dismissal. You consider your future: A career change might be nice, but not an involuntary one. So you rein in spending and ramp up savings, just to be safe.

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