Economic recovery from the 2008 recession period has led to the American economy to improve significantly to almost the same levels that it once was prior to the recession. The recovery is impacted positively on the unemployment rate in American society as more people are getting employment opportunities. The new Trump administration has further implemented tax cuts which have subsequently been used as the basis for the argument that following the economy’s recovery, the wages have also been improving significantly (Tankersly, 2018). Essentially, it was anticipated that, with the improvement of the economy, the wages of the American people would also improve to higher levels.

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