The Economy is Humming, But Real Wages Are Stagnant

The economic expansion is in its 10th year, yet real wages for most workers aren’t rising. Some Democrats support a $15 a hour minimum wage. About a third of American workers earn less than that. At $15 an hour your yearly wage would be $31,200Jared Bernstein's recent article in the Times investigates some of the reasons wages for factory workers and non-managers in the service sector are stagnant, even though, together, they represent 82 percent of the labor force. For him it “is mainly the outcome of a long power struggle that workers are losing.”

Nelson Democrats