Federal Reserve Bank of Boston | bostonfed.org |
Bank Administration, 7 January 2020
What Lies Beneath the Surface
Earnings increases over time
▶ Productivity
gains accrued
to workers up
until 1970
▶ After that, not
so much
▶ Highest wage
earners have
shared in
overall
economic
growth; others
not so much
Sources: Bureau of Labor Statistics, Haver analytics, Economic Policy Institute.
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