While unemployment remains high, corporate profits have been growing, with companies being able...

|By:, SA News Editor

While unemployment remains high, corporate profits have been growing, with companies being able to keep down wages due to the stagnant job market and make more money with fewer workers. Earnings have risen at an annualized 20.1% since the end of 2008 but disposable income just 1.4%. "There hasn't been a period in the last 50 years where these trends have been so pronounced," says Barclays economist Dean Maki.