Real Wages Fail to Match a Rise in Productivity - New York Times:
The median hourly wage for American workers has declined 2 percent since 2003, after factoring in inflation. The drop has been especially notable, economists say, because productivity %u2014 the amount that an average worker produces in an hour and the basic wellspring of a nation%u2019s living standards %u2014 has risen steadily over the same period.
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