How much has the compensation of top corporate executives really been going up? How much in comparison to their employees?
Has the minimum wage really been declining? Would an increase in the minimum wage mostly affect teenagers? What about women? And minorities?
Economists can debate how much unions have helped boost wages historically. But unionsâ decline does seem related to our wage stagnation.
Wages have not been rising because of high unemployment, increasing employer health care costs, and the shift to lower paying jobs.
Todayâs worsening income inequality is partly explained by stagnant middle class wages during the last decade. Why AREN’T wages rising?