Thursday, October 16, 2014

Bernstein on productivity share and wage growth or lackthereof



Inequality, opportunity, and growth are all really important. So is wage stagnation. by Jared Bernstein

Note: From 1948 to 1979, productivity rose 108.1 percent, and hourly compensation increased 93.4 percent. From 1979 to 2013, productivity rose 64.9 percent, and hourly compensation rose 8.0 percent.

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