Productivity's Orphan

Since 1979, American workers became 64% more productive — but their real wages only grew 17%. If minimum wage had kept up with what workers actually produce, it would be over $24 an hour today. This is the gap no one talks about — and it explains everything.

• Fact 1: U.S. worker productivity grew 64.6% from 1979 to 2019, while hourly compensation for typical workers grew only 17.2% over the same period. (Source: Economic Policy Institute, 2020)
• Fact 2: If the federal minimum wage had kept pace with productivity growth since 1968, it would be over $24 per hour today, compared to the current $7.25. (Source: Economic Policy Institute / Center for Economic and Policy Research)
• Fact 3: The top 1% of earners captured 38% of all income gains between 1979 and 2018 — while the bottom 90% captured just 17% combined. (Source: Economic Policy Institute State of Working America data)

#unheardtruth #wagegap #productivity #generationalstruggle #workersrights #economicreality

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Видео Productivity's Orphan канала UnheardTruthAI (UHTAI)