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In reply to the discussion: Under Obama, we’re off to our best Private-Sector Job Growth since 1999 - Inform the republicans and [View all]AgingAmerican
(12,958 posts)The first three months of 2013 saw wages fall 3.8 percent the largest drop in hourly pay in the 65-year history of that statistic despite an increase in worker productivity. With high unemployment freeing employers from fears that their employees will turn elsewhere, the U.S. recovery has been marked by a decoupling of rising productivity from stagnant wages.
The gloomy milestone partly reflects the predominance of low-wage service jobs in the slow, steady streak of job growth since the recession. Increasing the minimum wage, as progressives in Congress hope to do, could help counter downward wage pressures at the bottom of the earnings ladder.
http://thinkprogress.org/economy/2013/06/07/2121581/first-quarter-of-2013-saw-largest-wage-drop-ever/