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Showing posts with the label "real wages"
"Previous industrial revolutions brought about huge leaps in GDP  but  real wages stagnated for around 50 years during the first . This is known as the Engels’ pause , which describes the gap between technology improving and people benefitting personally." What is the fifth industrial revolution?
UK Economists are warning that this decade is set to be the worst in more than 200 years for British pay packets . (FT)