It's fascinating that from the 1950s to the 1970s employment was hovering around 57%. Formal employment has actually increased 1970-2015 as workers in our econo

It's fascinating that from the 1950s to the 1970s employment was hovering around 57%. Formal employment has actually increased 1970-2015 as workers in our economy became more productive. It's interesting this correlates to the decline in real median wage gains, which have plateaued since the 1970s.