Comment on Another look at how U.S. workers have been screwed over the past 50 years

Another look at how U.S. workers have been screwed over the past 50 years

The Bureau of Labor Statistics has been collecting data on personal income of production and nonsupervisory private employees for the past half century. Investment adviser Doug Short has been turning the data into charts for several years. Last Friday, these three were among those he produced. The first one you see above depicts the real (that is, the inflation-adjusted) average (the mean) hourly earnings.

 

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