Quote:
Originally posted by poco_vino
"Real Wages 1947 - 2001"
Real Wage Chart - 1947-2001
I am not familiar with this group, so I cannot attest to its validity (accurate, skewed, etc)
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If you look at the graph that accompanies the chart, you can see that real wages peaked about halfway through the measured period and have experienced a general decline since then. This fits with the numbers that I have read in many different sources.
Although the wages of median wage earners has nosed up occasionally, it has not kept pace with the spectacular gains made by the hightest wage earners.