Not sustainable, not inclusive

US wages have flatlined since 1979; labor’s share of national income has also declined. Meantime economic productivity has risen steadily. The two measures, which were tightly connected decades ago, are now on different tracks.

There has been a growing disconnect in the United States between productivity and average worker compensation.

To read the article, see “A sustainable, inclusive, and growing future for the United States,” November 8, 2021.