Friday, September 05, 2014

How low is low

If you're talking about wages, then low is really low as the typical low-wage worker in the U.S. has not done well over the past thirty-five years. His/her wages fell by five percent over the 1979-2013 period, despite a generation of productivity gains (64.9 percent).

We don't look good when compared to other OECD countries, either. 

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