Growing Economies, Stagnant Wages

The Economix Blog reports the findings from the Resolution Foundation of the ratios of average annual median wage to average annual growth in GDP per capita from the years 2000-2007. A higher ratio shows that median pay was close to the pace of output per capita. From the results, countries such as the United States and Canada had lower ratios relative to countries like Finland and Japan. With much talk over the growing inequality in this country, reports like this only prove such a basis.

http://economix.blogs.nytimes.com/2011/11/03/growing-economies-stagnant-wages/