Tech Is Splitting the U.S. Work Force in Two

Tech Is Splitting the U.S. Work Force in Two

4/25/2019

link

https://www.nytimes.com/2019/02/04/business/economy/productivity-inequality-wages.html

summary

This article from The New York Times examines the relationship between productivity, inequality, and wages in the United States. It discusses how productivity has been steadily increasing over the past several decades, but wages have not kept pace with this growth. The article highlights the fact that while workers are becoming more productive, their wages are not reflecting this increase in output. It explores how this trend has contributed to income inequality and discusses potential causes, such as technological advancements and the decline of union membership. The article raises concerns about the long-term effects of this productivity-wage gap and the potential consequences for workers and the economy as a whole.

tags

productivity ꞏ income inequality ꞏ wages ꞏ economic inequality ꞏ labor market ꞏ economic growth ꞏ wealth gap ꞏ economic policy ꞏ labor productivity ꞏ economic trends ꞏ economic analysis ꞏ economic development ꞏ economic theory ꞏ technology and productivity ꞏ economic factors ꞏ labor market dynamics ꞏ economic impact ꞏ economic disparities ꞏ economic performance ꞏ economic statistics ꞏ economic research ꞏ economic indicators ꞏ income distribution ꞏ working conditions ꞏ labor economics ꞏ economic mobility ꞏ economic reforms ꞏ income gap ꞏ wage stagnation ꞏ economic measurement ꞏ economic globalization ꞏ labor market trends ꞏ economic inequality and poverty ꞏ labor market segmentation ꞏ labor market outcomes ꞏ economic inequality and social mobility ꞏ economic inequality and education ꞏ economic inequality and health ꞏ economic inequality and politics ꞏ economic inequality and gender ꞏ economic inequality and race ꞏ economic inequality and class ꞏ economic inequality and generations ꞏ economic inequality and immigration ꞏ economic inequality and taxation ꞏ economic inequality and entrepreneurship