The False Promise of Last Year's Wage Gains

Gary Cameron / Reuters While the economy has been doing better in general, one very important indicator of economic health remains painfully elusive: wage growth. For the majority of Americans, wages have remained fairly stagnant during the bulk of the recovery, and a new report from the left-leaning Economic Policy Institute suggests that even recent upticks are likely less substantive than they seem. While worker productivity has steadily been growing over the past few decades, most employees' paychecks haven't been growing accordingly. Just how big is the disconnect? According to EPI, if......(read more)

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