One of Twenty Facts About U.S. Inequality that Everyone Should Know
Productivity and Real Income
We are a richer country overall because of a spectacular rise in labor productivity. But who has profited from this rise? Although the growth of labor productivity has expanded total national income, the real income and wages of the median worker have at the same time stagnated.
Labor productivity and income of the median worker
More at:
http://stanford.edu/group/scspi/cgi-bin/facts.php
Productivity and Real Income
We are a richer country overall because of a spectacular rise in labor productivity. But who has profited from this rise? Although the growth of labor productivity has expanded total national income, the real income and wages of the median worker have at the same time stagnated.
Labor productivity and income of the median worker
More at:
http://stanford.edu/group/scspi/cgi-bin/facts.php
Comment