Free Republic

Real German incomes, or gross wages adjusted for inflation, had not developed evenly in recent years across different wage sectors, a study by the Bertelsmann Foundation and the Munich-based IFO economic research institute showed Wednesday. […] The authors of the study said one of the reasons for the increasing wage disparity had been a creeping decline of collective bargaining deals with binding wages. […] “We need to redouble our efforts to scale back wage disparities again without losing too many jobs,” Bertelsmann Foundation chief Aart De Geus said in a statement, pointing out that the recent introduction of a minimum...

Pay in 1990s found to rise average of 4% for poor families, 24% for wealthy The North Bay was a spectacular job machine in the 1990s and into 2001, but the benefits went overwhelmingly to high-income workers while a growing number of low-income residents hardly gained ground, according to a study to be released today by a Sonoma County research group. "Economic growth in the North Bay has failed to bring shared prosperity to the region's residents," said Martin Bennett, executive director of New Economy, Working Solutions, a group representing union, housing and religious organizations. The study covering Sonoma, Marin,...