All Work and No Pay: The Great Speedup

[Playinghardball]

Source: Mother Jones
http://motherjones.com/politics/2011/06/speed-up-american-workers-long-hours

Productivity has surged, but income and wages have stagnated for most Americans. If the median household income had kept pace with the economy since 1970, it would now be nearly $92,000, not $50,000.




Growth is Back
Change in GDP vs pre-recession peak



But jobs arne't
Change in employment vs pre-recession peak

[louis-t]

1. The definition of 'productivity' is

one person doing the work of 2 with less pay. A red herring.