After so many years of anaemic growth and low wages, it might seem unreasonable to suggest that the next economic downswing could be lurking just around the corner. It is true that unemployment rates have dropped dramatically and wages have picked up a touch in a number of countries, and both are useful “end-of-cycle” indicators.
這麼多年來，經濟成長疲弱，工資水準低企，這個時候說下一次經濟衰退可能即將到來似乎說不通。的確，失業率已大幅下降，許多國家的工資水準略有上升，這兩者均爲判斷「週期末」的有用指標。
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