If wages are to rise, workers need more bargaining power

Re:If wages are to rise, workers need more bargaining power by bojan on Wednesday June 06, 2018 @07:56AM (#17246229)

I wonder how it stakes compared to the real GDP growth during the same period.

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Re:If wages are to rise, workers need more bargaining power by ginko on Wednesday June 06, 2018 @07:59AM (#17246247)

The US GDP has nearly doubled since 2000.

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Re:If wages are to rise, workers need more bargaining power by TinyRick on Wednesday June 06, 2018 @07:59AM (#17246245)

Or the inflation rate.

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Re:If wages are to rise, workers need more bargaining power by rohit2412 on Wednesday June 06, 2018 @08:06AM (#17246294)

It's real, not nominal. Real growth takes in account inflation to find real growth, while nominal includes the effects of inflation

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Re:If wages are to rise, workers need more bargaining power by Arnt on Wednesday June 06, 2018 @08:05AM (#17246285)

1% higher.

That's what real pay growth means: Nominal minus inflation.

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