Despite Tight Job Market, Labor Force’s Income Is Squeezed
Editor’s note: Globalization inherently lessens the wage share of the economy, even if trade deals are “fair”. Localization is not explicitly on the agenda, but it arguably should be. Workers’ slice of the pie has been shrinking, confounding economists [Paul Kiernan | February 23, 2019 | Wall Street Journal] WASHINGTON—With U.S. unemployment near lows seen…
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