Article 3MSSW The US workforce is the most productive, best educated in history and unemployment is at an all-time low, but wages are stagnant

The US workforce is the most productive, best educated in history and unemployment is at an all-time low, but wages are stagnant

by
Cory Doctorow
from on (#3MSSW)

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Orthodox market economics holds that when unemployment falls and the labor supply gets tighter wages go up; it also predicts that better-educated workers and more-productive workers get paid more for their work -- none of this has happened. (more")

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