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The productivity of minimum wage labor did not increase by that amount. It's largely unchanged. Computers did not do much to revolutionize productivity on your
by eloff 5y ago
The productivity of minimum wage labor did not increase by that amount. It's largely unchanged. Computers did not do much to revolutionize productivity on your average minimum wage job.
This is a major reason why wage growth is unequal across job types.
- pessimizer 5y ago> The productivity of minimum wage labor did not increase by that amount. Maybe include a link?
- eloff 5y agoI don't have one. Google it if you care enough. It should be pretty intuitively true if you think about which jobs benefited the most from technology and which benefited the least.