4 ms·
important to mention im still talking about blue-collar high school grads here, the ones driving current wage growth post-intra pandemic. these include paramed
by nimbius 5y ago
important to mention im still talking about blue-collar high school grads here, the ones driving current wage growth post-intra pandemic. these include paramedics and bartenders for perspective, who generally do not get healthcare or retirement benefits.
https://sgp.fas.org/crs/misc/R45090.pdf https://sgp.fas.org/crs/misc/R45090.pdf
- dwohnitmok 5y agoOn closer reading indeed the high school grads part seems to be suffering quite a bit. That decline seems to be something that would not wiped out by any increases since the 60s. But it's important to note that at this point only high school grads do not make up "most Americans." Whether that's good is another topic.
- dwohnitmok 5y agoRight, but your source here is from 1979 (I think there's a larger increase since the 60s) and it still displays an overall (small) rise in real wage growth for the 10th and 50th percentile. It displays a (small, which is still very bad to be clear, you would expect a large increase, but this isn't really "precipitous") drop in real wage growth for males in the 10th and 50th percentile. I don't have a source off the top of my head, but I think you'll find a rise in real wage growth for both males and females for both 10th and 50th percentile since the 60s.