Globalisation led to lower prices for consumer goods. That offset the sting of lower wage growth; the result of losing all those high-wage, highly skilled manufacturing jobs. In simpler terms, the average salary may not have gone up much in real terms over the last 30 years, but cheap imports from Asia made up part of the difference.

Quelle: Buy When There’s Yogurt in the Streets

Dieser Eintrag wurde am Freitag, 17. Juni 2011 um 12:22 aufgeschaltet und ist unter den Labels Arbeit, Gesellschaft, Wirtschaft abgelegt. Du kannst das Blog auch über RSS 2.0 abonnieren. You can skip to the end and leave a response. Pinging is currently not allowed.