LOST DECADE CHARTS

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source: tradingeconomics.com

To explore how real wage trends evolved over the 1979 to 2018 period, Figure 1 shows annualized wage growth rates over various time periods (roughly a decade each) by wage percentile and demographic group. Considering first wage growth at the 10th and 50th percentiles, Figure 1 reveals that the 10th percentile wage declined in real terms during the 1980s for all groups, and, with the exception of women, the median (50th percentile) wage declined as well. In the 1990s, 10th percentile and median wages increased for nearly all demographic groups. This was followed by a general slowdown (and some modest declines) in real wage growth in 2000- 2010, after which (i.e., 2010-2018) 10th percentile and median wages grew for all demographic groups. Annualized real wage growth at the 90th percentile was positive in all periods and for all demographic groups except black workers and Hispanic workers, for whom the 90th percentile wage declined slightly during the 1980s.

 Translate now = corporate profits grew 3x from 2000-2010 while wages declined the lost decade has been found.=yafuckyou nofuckme!

 Who dun it?

Walmart, Amazon. top 10 had a linear climb, everyone else flatlined. The real shocker is the top 3%.

Things are not good for our young adults as they have record debt and little hope that things will get better.

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