Blue-collar wages are surging. Can it last?

Published: 14/11/2017
Blue-collar wages are surging. Can it last?
Source: WWW.ECONOMIST.COM

IF THERE was a defining economic problem for America as it recovered from the financial crisis, it was stagnant wages. In the five years following the end of the recession in June 2009 wages and salaries rose by only 8.7%, while prices increased by 9.5%. In 2014 the median worker’s inflation-adjusted earnings, by one measure, were no higher than they were in 2000. It is commonly said that wage sta

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