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Yeah, and I'd also applaud the effort to have wages rise more proportionally to overall productivity gains. The big story of the US is that wages are stagnant b
by phillipcarter 5y ago
Yeah, and I'd also applaud the effort to have wages rise more proportionally to overall productivity gains. The big story of the US is that wages are stagnant but productivity has only gone up over that same time. If they have leverage, they should absolutely use it.
- pas 5y agoYes and no. Total compensation went up, even discretionary income did too on average, but compared to the rest of the world the "purchasing power" seems to have fallen behind. Especially in certain service sectors (healthcare, education, social services).