NC State Extension ag economist Dr. Mike Walden – The productivity-compensation gap”
Story Date: 7/18/2017

 

Source: SOUTHERN FARM NETWORK, 7/17/17

Mary:  I’m Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program looks at the productivity-compensation gap.  Mike, one of the big issues in the labor market over several decades is the apparent disconnect between labor productivity and labor compensation.   Specifically, while theory suggests the two should rise at the same rate, productivity has been increasing much faster than compensation.  Some say this means workers are being short-changed.  Are they?

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