LogFAQs > #907279799

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Topic	No wage growth for the median worker since 1979, except from 1996-2001
s0nicfan 08/21/18 11:29:32 AM #19:	Darkman124 posted... s0nicfan posted... The idea that mundane jobs would appreciate in value is completely baseless. Wouldn't the basis be "They're more productive now" ? Because they are. https://www.epi.org/productivity-pay-gap/ According to that, they define productivity as: Productivity is simply the total amount of output (or income) generated in an average hour of work. Which seems like a bad analogue to most jobs that aren't in manufacturing. See: my janitor question from above. If you define productivity as "the amount of work actually being done in an average hour of work" I sincerely doubt it has increased 75%. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:907279799] in No wage gr... [t:76923153]...</cite> <quote><cite>Darkman124 posted...</cite> <quote><cite>s0nicfan posted...</cite> <quote>The idea that mundane jobs would appreciate in value is completely baseless. </quote> Wouldn't the basis be "They're more productive now" ? Because they are. https://www.epi.org/productivity-pay-gap/</quote> According to that, they define productivity as: <quote>Productivity is simply the total amount of output (or income) generated in an average hour of work.</quote> Which seems like a bad analogue to most jobs that aren't in manufacturing. See: my janitor question from above. If you define productivity as "the amount of work actually being done in an average hour of work" I sincerely doubt it has increased 75%. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
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