SAN FRANCISCO (KGO) -- It is hard to believe, but the Great Recession only lasted a year-and-a-half. Here at the ten year anniversary of the sparking event, we have been bombarded with stories of a recovered economy, booming stock market, and increased home prices. But that is only half the story, if that.
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The Great Recession changed lives. One in five workers lost their jobs. Many their homes, too. Companies got used to hiring temps, rather than employees, and that has caused a huge upheaval in family life and middle-class wealth.
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So, where do we stand today?
Helping us sort this out, George Noceti, a financial advisor from Morgan Stanley. He spoke to me about how Americans are fairing a decade later.
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How does this "lack of wage growth" impact Baby Boomers and millennials, and everyone in between?
Watch the video in the player above for the full interview.