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Showing posts with the label wages

The lost art of conversation.

T here has never been a time in history where humans were more connected, why is it that everyone I talk to seems lonely, disconnected, and irrelevant ? Traditional face-to-face communication once a valued ancient form of expression, is on life support . Will the art of conversation stand the test of time? I s pent my most of senior year at university speaking in front of large groups of students and professors, only for that training to rarely be used in real life. The reality of life in this modern high-speed, wiz-bang world is this; we have access to large volumes of information at the speed of light, but no one is teaching us HOW to use it, perhaps the same is true with social media, firearms, doughnuts and illicit drugs. We own an old sign that reads, "save fuel, PHONE," pretty smart tactic during the beginning of the telephone era, signaling an alternative to drive over to speak to someone, which has been the standard in the first half of my life, now It...

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 19...