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Why middle-class wages aren't growing
Posted
December 2, 2024
Views
14,567
Likes
417
Comments
45
Engagement
3.17%
December 2, 2024
14,567
417
45
3.17%
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Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to research by the Economic Policy Institute.
This trend has often been referred to as wage stagnation. But more recently, some economists have suggested that deliberate policy decisions have actively suppressed workers’ wage growth.
One reason might be the unreasonably high rate of unemployment in the U.S.
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