Tuesday, October 25, 2011

A Generation of CEOs Who Don't Know How to Raise Wages

Amplify’d from www.huffingtonpost.com

This inability to raise wages is also reflected in the data. There is no major occupation group that has seen substantial increases in real wages over the last decade. Even college graduates as a group (excluding those with a post-graduate degree) have not seen an increase in real wages over the last decade. This indicates either there is no problem of skills shortages or that companies are increasingly being run by CEOs who do not know how to increase wages.

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