Why Aren’t Workers Benefiting from Labour Productivity Growth in the United States?

Changes in real wages, or wages adjusted for the cost of living, are the most direct route through which labour productivity affects living standards. Yet labour productivity in the United States increased by 80 per cent between 1973 and 2011, while median real hourly wages remained virtually stagna...

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Bibliographic Details

Published in:	International Productivity Monitor
Main Authors:	Lawrence Mishel, Kar-Fai Gee
Format:	Article
Language:	English
Published:	Centre for the Study of Living Standards 2012-04-01
Subjects:	real wages cost of living labour productivity united states labour compensation
Online Access:	http://www.csls.ca/ipm/23/IPM-23-Mishel-Gee.pdf