Throughout strong monetary progress out-of 1960 so you’re able to 1973, salary levels rose rapidly

Throughout strong monetary progress out-of 1960 so you’re able to 1973, salary levels rose rapidly Affordable wages enhanced typically 13 per cent a year when you are genuine earnings rose 7 percent annually. Wage levels upcoming stagnated because economic development slowed. Ranging from 1973 and 1987 annual affordable and you will genuine wage increases decrease […]