Rich-world wage growth continues to disappoint

September 11, 2018, 5:46pm


eTorro

THE world is still in recovery mode fully ten years after the financial crisis of 2008-09. Inflation-adjusted wages grew by an average of 27% in the decade before the crisis in the OECD, a club of mostly rich countries. In the ten years since, real wages have increased by just 8.4%, on average.
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