4 ms·

Then why are wages so stagnant?

• lamarpye 8y ago
  The increasing size of the unskilled labor pool? Could that be it?
  • knieveltech 8y ago
    ahem Income inequality suggests otherwise.
    • EpicEng 8y ago
      Income is far more equal than it was when people began worrying about automation causing unemployment (~100 years ago).
• prostoalex 8y ago
  Because wages are a small part of the total compensation package - leaving out bonuses, health, dental, vision insurance policies, 401k (with matching), employee stock purchase plans, stock options or stock units awards, access to food and on-site services, company cars, etc. They’re also not stagnant https://tradingeconomics.com/united-states/wage-growth https://tradingeconomics.com/united-states/wage-growth
  • deleted 8y ago
    [deleted]
  • zaccus 8y ago
    If my employer's group health insurance is considered part of my compensation, should I not be glad that health care costs are rising, since that drives up my total compensation?
• nl 8y ago
  From Australia's Reserve Bank: https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-10.pdf https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-10....