Analyzing Economic Mobility: Compensation Is Keeping Pace with Rising Productivity
Publication Date: June 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): James Sherk
Research Area: Labor
Keywords: Labor; compensation; productivity inequality; mobility
Type: Report
Coverage: United States
Abstract:
Many commentators claim that incomes have lagged far behind increases in workers' pay, but the fact is that, if one counts everything that workers earn (both cash income and employee benefits) and uses the same measure to adjust both wages and productivity for inflation, compensation and productivity actually have grown in tandem.
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