The following article by Steve LeVine was posted on the Axios website May 27, 2018:
Very few Americans have enjoyed steadily rising pay beyond inflation over the last couple of decades, a shift from prior years in which the working and middle classes enjoyed broad-based wage gains as the economy expanded.
Why it matters: Now, executives of big U.S. companies suggest that the days of most people getting a pay raise are over, and that they also plan to reduce their work forces further. Continue reading “Forget about broad-based pay hikes, executives say”