3 ms·
Up until about 1970 workers wages and productivity grew equally, but then while productivity continued growing at the same rate it had been, inflation adjusted
by User23 6y ago
Up until about 1970 workers wages and productivity grew equally, but then while productivity continued growing at the same rate it had been, inflation adjusted real wages plateaued and haven’t much risen since.[1]
[1] https://www.epi.org/publication/charting-wage-stagnation/ https://www.epi.org/publication/charting-wage-stagnation/ (see figure 2)