Productivity and Wage Stagnation

Annual wage growth has been an anemic half of one percent for American employees in the period 2007 to 2015.  In that same period, labor productivity crawled at a 1.2% pace, down from the more typical 2.6% pace during 2000 to 2007.  Wage stagnation was more intense for those in the middle income strata.  Over […]