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It might also be due to demographics in Western countries. If the ratio of workers to total population decreases while the demand for work remains the same, the
by sneed-oil 3y ago
It might also be due to demographics in Western countries. If the ratio of workers to total population decreases while the demand for work remains the same, there will be less competition for jobs and workers will be able to demand higher pay. It also depends on how many can be replaced by machines.