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The ‘Best Economy’ Ever Isn’t Working for Working People
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Apr. 3, 2019 | ECONOMY | […] It’s true that wages have begun to rise a bit, with demand for workers and minimum-wage hikes in states and localities finally giving a boost to those on the bottom. But the average weekly pay has grown less than 1 percent per year for the decade. Low-wage workers’ hourly pay in 2017 barely surpassed what they earned in 1979, while that of high-wage workers has increased nearly 50 percent. Inequality is at extremes not seen since 1928. Workers are still not capturing a fair share of the increased productivity that they help to create. And while incomes have stagnated, key costs have soared… The Washington Post
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