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In reply to the discussion: Americans need to STOP being "thankful" that they have a job [View all]former9thward
(32,111 posts)13. Productivity charts do not measure personal productivity of employees.
They measure output per number of employees. It has gone up because of machines and technology -- not people somehow working harder. If 100 employees produce 1000 pieces of product a day and then due to robots, tech and machines 10 employees produce 1000 pieces of product a day then productivity has gone up 1000% but the personal effort the employees has remained the same.
Wages have stayed pretty much the same because high wage manufacturing has left and has been replaced by lower wage service/retail sector employers.
The retail/service sector will never pay the same as manufacturing. What can be done? I don't know and since politicians don't address it I assume they don't either.
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Just looked it up. What I made in 1980 would be equivolent to $97K per year today
maxrandb
Feb 2019
#36