| Topic List | Page List: 1 |
|---|---|
| Topic | No wage growth for the median worker since 1979, except from 1996-2001 |
| Darkman124 08/21/18 11:30:33 AM #20: | s0nicfan posted... 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%. Dude, read the plot. Net productivity is the growth of output of goods and services less depreciation per hour worked. It applies equally well to both services jobs and manufacturing jobs. The definition is fine. It even includes income gains in the part of the definition you quoted! You're hyper-focusing on janitors here. THAT is a poor analogue to the US labor pool. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard! |
| Topic List | Page List: 1 |