Inflation-Adjusted USA Wage Measure
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A Inflation-Adjusted USA Wage Measure is an inflation-adjusted wage measure that is a USA wage measure.
- AKA: U.S. Real Salaries.
- Context:
- It can be associated with a Inflation-Adjusted USA Wage Rate Measure.
- …
- Example(s):
- Counter-Example(s):
- See: U.S. Purchasing Power, U.S. Past Wage, U.S. Cost of Living, U.S. Relative Prices.
References
2017
- (Shambaugh & Nunn, 2017) ⇒ Jay Shambaugh, and Ryan Nunn. (2017). “Why Wages Aren’t Growing in America.” In: Harvard Business Review
- QUOTE: The majority of Americans share in economic growth through the wages they receive for their labor, rather than through investment income. … Since the early 1970s, the hourly inflation-adjusted wages received by the typical worker have barely risen, growing only 0.2% per year. In other words, though the economy has been growing, the primary way most people benefit from that growth has almost completely stalled. …
2013
- (Shierholz et al., 2013) ⇒ Heidi Shierholz, Natalie Sabadish, and Nicholas Finio. (2013-04-10). “Class of 2013Young graduates still face dim job prospects.” In: Economic Policy Institute.
- QUOTE: Between 2000 and 2012, the real (inflation-adjusted) wages of young high school graduates declined 12.7 percent, and the real wages of young college graduates declined 8.5 percent.