Workers’ Compensation: Growing Along with Productivity

Source: Workers’ Compensation: Growing Along with Productivity.

More on the top 1% giving women a pass on the great wage stagnation

IncomeGuide_2013_Jan17_RGB_page 75_75

Source: Read Online — Visualizing Economics.

The top 1% gave Canadian women a pass on real wage stagnation too

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Source: Terence Corcoran: Liberal Budget; Donald Trump Demagoguery | Financial Post.

Median Income for Married Couples with Both Spouses Working

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Source: Mark Perry.

More on the reversing gender pay gap or men getting their comeuppances?

@BernieSanders are the rich getting richer & poor getting poorer or are just men getting their comeuppance?

@RobinHoodTax @helenkellyCTU does the average worker earn less than 40 years ago?

https://twitter.com/RobinHoodTax/status/648963471690698752/photo/1

@RichardvReeves Why did women get a pass on the great wage stagnation and exploitation by the top 1%?

Few labour markets statistics make much sense unless broken down by gender.

Wages growth is no exception with female wages growth quite good for a long period of time after the 1970s – a period in which male earnings stagnated.

The beginning of male wage stagnation seemed to coincide with the closing of the gender wage gap.

Presumably if men were previously profiting from patriarchy, that should have some implications for future wage growth and promotions for men as women catch up.

Presumably if men were previously profiting from patriarchy, that should have some implications for future wage growth for men as women catch up. Men lost the wage premium they previously earned from the sex discrimination directly in hiring, wage setting and promotions and investing in more education because they expected to be discriminated favourably at the expense of women.

image

Not surprisingly the convergence in the male-female wage ratios started  in the 1970s which was the decade that male wage stagnation started.

The gender wage gap started converging again also pretty much in lockstep with the top 1% starting to grab higher and higher proportions of income.

image

Source: Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez, The World Top Incomes Database.

Why did the top 1% only pick on men in the great wage stagnation?

Some demographics of middle-class wage stagnation

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