Self-determination

[Yoshie Furuhashi]

>Yoshie Furuhashi wrote:
>
>>But not back to the 1973 level, are they?
>
>Nope, still about 8% below (though the real hourly wage has risen 
>about 10% from the 1995 low).
>
>One important point: the average wage is an average of all wages, 
>obviously enough - but relatively few individual workers have seen 
>steep real wage declines, and many have seen increases as they aged 
>(though not as steep as their generational predecessors). This 
>diluted the political effects of a declining average wage.
>
>Doug

How has the real median wage fared?  And how have both (average and 
median) fared if plotted against productivity growth?  An EPI chart 
from 1999 @ 
<http://www.epinet.org/webfeatures/snapshots/archive/2000/041200/snapshots041200.html>) 
shows that workers lost out despite real wage growth since 1995.
-- 
Yoshie

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