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precariat

Containing the meaning of and combining the two words precarious and proletariat, we arrive at a new word which aptly describes the job insecurity our current generation of graduates must deal with.
While the Wall Street fat-cats toast each others' success with champagne above the fray, the NYPD pick off the precariat protesters with pepper spray in the streets below.
by paulpaxman October 2, 2011
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