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by jordanb 324 days ago
In the middle of last century you saw the opposite where the lower you went on the income distribution the faster your income was increasing, relativy speaking.
2 comments

The middle of last century saw a labour shortage and much weaker monopsony labor makret ibfluence so that makes sense. The title of this article should be "in a surprise to noone, jobs that can be done by the widest percentage of the population are highly competitive and least responsive to wage pressure"