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Chart 1 of your own source shows the reason for that - growth has been more in benefits and less in wages. If you want to fix this, ban non-wage compensation (e
by yummyfajitas 10y ago
Chart 1 of your own source shows the reason for that - growth has been more in benefits and less in wages. If you want to fix this, ban non-wage compensation (e.g. employer sponsored health insurance, 401k, etc).
- adjkant 10y agoLet's go back a second: you're claiming that blue collar unskilled labor jobs are going unfilled, but are also arguing that the growth in pay is in benefits. Yet, the jobs you say are going unfilled don't exactly have 401K matching here... And to be clear, I'm not taking either of those claims as true or false, just highlighting the dissonance.
- maxerickson 10y agoHow much in benefits do you think people making $25,000 a year are getting today? Anyway, It'd be interesting to see a binned version of the real compensation information. And also I think instructive to look at percent of income spending for things like housing and healthcare for the same bins over time.