I'm sure Millennials are unlucky, but Boomer and GenX workers do

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Avalon - I'm sure Millennials are unlucky, but Boomer and GenX workers don't feel lucky either. In fact from 1979-2018, workers' net productivity has increased almost 70% while workers' hourly pay has increased only about 12%. Thank you John the commenter for the statistics. The difference was a giant windfall for US employers. To add insult to injury, this period was also the time of offshoring of US jobs Many boomers saw they couldn't beat employers, so they joined them. For most, though, things went from bad to worse to offshoring. It was bad enough to witness, not to mention to live through it all

Print Publication Date: 
6/03/2020