Real Wage Growth Sputters Globally

by Worldwatch Institute on Feb 6, 2014 | Views: 161 | Score: 2
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Worldwatch Institute
Worldwatch Institute on Feb 6, 2014 5:35 AM said:

Despite leaps in labor productivity worldwide, larger and larger shares of national income have been siphoned off to capital. In part due to globalization and decreased union participation, global real wage growth - excluding China - has not come close to recovering to pre-crash levels.

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