The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
Harvard Business Review
FEBRUARY 21, 2018
Economic growth has been stuck in low gear for almost a decade now, averaging around 2% a year since 2010 while productivity growth, the key to increasing living standards, has been languishing near historic lows since the financial crisis. The Economy in 2018. percentage points to productivity growth in the period 2010 to 2014.
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