Between 1979 and 2024, productiveness within the U.S. soared by 80.9%, whereas hourly pay grew by simply 29.4%, based on a analysis by the Financial Coverage Institute. This pattern has usually been known as wage stagnation. However extra lately, economists have prompt that deliberate coverage selections have actively suppressed employees' wage development. So what precisely is stopping the center class from incomes a better paycheck?
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