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The graph showing divergence between wages and productivity is almost solely due to different inflation indexes being used to measure the two: https://www.broo
by CryptoPunk 6y ago
The graph showing divergence between wages and productivity is almost solely due to different inflation indexes being used to measure the two:
https://www.brookings.edu/opinions/sources-of-real-wage-stagnation/ https://www.brookings.edu/opinions/sources-of-real-wage-stag...
The two inflation indexes produced mostly similar rates until 1971, when the index used to measure real wages began rising faster than the one used to measure productivity.