Thursday, May 8, 2008

US Workers Working Harder Just to Tread Water

US workers since 2000 have increased their productivity
by 20%, but average hourly wages have increased only by
3%. The US work force is working harder, smarter and
longer, but taking home less income. The gap between
productivity growth and wages is at an historic high.
The reason? More money is ending up in the pockets of
the wealthy. Many are not even treading water. Economic
inequality is rampant in the US. The divide between
poor and rich is getting wider.

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