Profit Margins Could Shrink by up to 25% as ‘Productivity-Wage’ Gap NarrowsBala Murali Krishna
Between 2004 and 2014, productivity of American workers in the nonfinancial corporate sector averaged 1.2% annually, but real wages grew only by 0.25%. That unprecedented “productivity-wage gap” went straight into the bottom lines of companies, creating historically high profit margins and historically low real wages.
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