4 ms·
> US wages are just about as sticky as Europe's, despite a far lower (and dropping) section of the market under collective bargaining. Are they? A lot of peop
by anamax 15y ago
> US wages are just about as sticky as Europe's, despite a far lower (and dropping) section of the market under collective bargaining.
Are they?
A lot of people who lost jobs and found new ones are making less than they were before. The "salary" for those jobs may not have changed, but worker income sure did.