This is a great article by MarketWatch explaining how the American worker has doubled productivity but haven’t experienced any wage increase since 1979. There are many conclusion drawn from this report, but the main issues is that the change in the wage structure as a connection with productivity does not hold anymore in the new economy, mainly due to technological gains and implementing of Lean Six Sigma / best practices in all industries.

Gary Kapanowski

Article Link: http://www.marketwatch.com/story/the-typical-worker-makes-no-more-than-dad-did-in-1979-2014-01-24

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