2 ms·
Wage stagnation began at the same time the number of women in the workplace started to grow ... The rate of the growing female workforce itself started to stagn
by Lagged2Death 9y ago
Wage stagnation began at the same time the number of women in the workplace started to grow ... The rate of the growing female workforce itself started to stagnant around the 90s and 2000s...
Have a look over here:
https://www.dol.gov/wb/stats/facts_over_time.htm https://www.dol.gov/wb/stats/facts_over_time.htm
The US ratio of female/male employment experienced a strong long-term upward trend during and after WWII (1940s), and the absolute number of women working jobs in the US has climbed steadily right to the present day.
The modern era of wage stagnation relative to productivity started in the 1970s, somewhat before the strongest growth in the female/male employment ratio, and continuing even after that ratio flattened out.
http://www.epi.org/files/2013/ib388-figurea.jpg.538 http://www.epi.org/files/2013/ib388-figurea.jpg.538
http://www.epi.org/publication/charting-wage-stagnation/ http://www.epi.org/publication/charting-wage-stagnation/
...a corresponding increase in demand with the supply of workers would have kept incomes moving upward...
Or it could send jobs overseas to poor countries with low wages and little in the way of labor or environmental regulation.