To: AuntB
Sawhill said several factors could explain the divergence: a growing share of income going to the highest-paid workers, or to profits; an increased share of labor compensation going toward benefits such as health care; or a decline in the number of wage earners, or hours worked, in the typical family. Gee... how could the WSJ have missed this one? - Businesses supplementing work force with a neverending flow of cheap labor in the form of illegal immigrants, driving competitive wage rates down.
17 posted on
05/26/2007 5:00:07 PM PDT by
calcowgirl
("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
To: calcowgirl
There’s other factors they missed. Women’s participation in the workforce was 46% in 1975, but 59% in 2005. That additional 16.6 million workers also drives down men’s wages.
27 posted on
05/26/2007 6:11:33 PM PDT by
Fabozz
(I plead guilty to contempt of Congress.)
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