Tuesday, June 29, 2021

Why Wages Rise Slowly During Economic Recoveries (and Why Wages Rarely Fall During Recessions) | David Youngberg

Why Wages Rise Slowly During Economic Recoveries (and Why Wages Rarely Fall During Recessions) | David Youngberg: Why aren’t wages rising enough to bring unemployment down more? It's tempting to dismiss companies as evil and greedy or psychologically unable to move away from low-wages, but the answer is more complicated than that.

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