Tag Archives: Wage stagnation

  1. Structural Wage Stagnation Causes Economic Weakness

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    July 21, 2018 by Ivan V. Sichkar

    The US economy has a structural wage stagnation. For the last 34 years, wages have been growing at the effective real annual rate of 0.51%. Consumers who rely on salary alone, cannot increase discretionary spending too much. As discretionary spending declines, economic growth will slow down. This creates a risk for the next economic recession.

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Ivan V. Sichkar

Economics + Finance = ECNFIN.COM

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