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jordanb 3 days ago

In the middle of last century you saw the opposite where the lower you went on the income distribution the faster your income was increasing, relativy speaking.

snapplebobapple 3 days ago | parent | next [-]

The middle of last century saw a labour shortage and much weaker monopsony labor makret ibfluence so that makes sense. The title of this article should be "in a surprise to noone, jobs that can be done by the widest percentage of the population are highly competitive and least responsive to wage pressure"

slater 3 days ago | parent | prev [-]

Yup. And then:

https://wtfhappenedin1971.com/