Change in median earnings 1998 to 2013 in USA vs. UK

you should see those figures compared to countries like Spain or Greece..

Real-World Economics Review Blog

from David Ruccio


David Blanchflower and Stephen Machin use this chart to illustrate the fact that, in the United Kingdom, “The real wages of the typical (median) worker have fallen by around 8–10% – or around 2% a year behind inflation – since 2008.”

But, as we can see, the situation for workers in the United States has been more dire, for a longer period of time: real median weekly earnings are basically unchanged for the past 25 years.

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