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Amazingly people forget companies like people become a whole lot more lean and effecient in tuff times thus profits go up because they are doing more with less. Alof of companies now see they were wasting money on employees that didnt add shit to the bottom line and could have made more with fewer. Also you have to factor in technology in taking a lot of jobs once done by hand or manually are done with robotics, software, etc and if any jobs are replaced for said jobs its at a lower pay level because the heavy lifting is now automated.
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