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noosphr 3 hours ago

That is not hourly earnings. Americans are working longer than they did in 1970.

On top of that even if we take your link at face value that's a 0.35% growth per year. The medieval warm period had faster wage growth.

JumpCrisscross 3 hours ago | parent | next [-]

> That is not hourly earnings

Hourly earnings (nominal) have grown at 3.2% per year between 2006 and 2025 [1]. Inflation in that interval was 2.7% [2].

> Americans are working longer than they did in 1970

Source? These data show hours worked are down [3].

[1] https://fred.stlouisfed.org/series/CES0500000003

[2] https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=200601...

[3] https://fred.stlouisfed.org/graph/?g=18H2H

noosphr 3 hours ago | parent [-]

If you look very carefully you can notice that 2006 is not 1970.

>Source? These data show hours worked are down [3].

https://www.stlouisfed.org/on-the-economy/2018/october/how-h...

JumpCrisscross an hour ago | parent [-]

Do you have the underlying data? I’m curious if per capita is being averaged across whole population or workers. If the former, that seems to penalize younger-aged countries.

dangus 19 minutes ago | parent | prev [-]

And let’s not forget that single income households converted to dual income households, from 47% to 66% of married couples.

https://taxfoundation.org/data/all/federal/america-has-becom...

(Not my favorite think tank but they have a nice chart.)