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Wage Inequality

Wage Inequality 544325 NLFXXX10.1177/1095796014544325New Labor ForumMishel et al. research-article2014 The Changing Faces of Poverty and Inequality New Labor Forum 2014, Vol. 23(3) 26 –31 Wage Inequality: A Story of Copyright © 2014, The Murphy Institute, City University of New York Reprints and permissions: Policy Choices sagepub.com/journalsPermissions.nav DOI: 10.1177/1095796014544325 nlf.sagepub.com 1 2 Lawrence Mishel , John Schmitt , and Heidi Shierholz Keywords collective bargaining, education, equality, labor, middle class, outsourcing, privatization, trade unions, unemployment, women workers, wages, globalization, technology, income inequality, Along essentially every measure that econo- entire rise of economic inequality since the late mists track, economic inequality has been ris- 1970s as the outcome of an array of economic ing since the late 1970s. The wage gap between policies that had the easy-to-predict effect of those earning the minimum wage and those in widening the gap between the top 1 percent and top management slots, the income gap between the rest. families at the official poverty line and those in Over each of the last three decades, macro- the “1 percent,” and the wealth gap between economic policy (fiscal, exchange rate, mone- families drowning in mortgage, student loan, tary policies), trade agreements, deregulation of and credit card debt and those http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png New Labor Forum SAGE

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Publisher
SAGE
Copyright
© 2014, The Murphy Institute, City University of New York
ISSN
1095-7960
eISSN
1557-2978
DOI
10.1177/1095796014544325
Publisher site
See Article on Publisher Site

Abstract

544325 NLFXXX10.1177/1095796014544325New Labor ForumMishel et al. research-article2014 The Changing Faces of Poverty and Inequality New Labor Forum 2014, Vol. 23(3) 26 –31 Wage Inequality: A Story of Copyright © 2014, The Murphy Institute, City University of New York Reprints and permissions: Policy Choices sagepub.com/journalsPermissions.nav DOI: 10.1177/1095796014544325 nlf.sagepub.com 1 2 Lawrence Mishel , John Schmitt , and Heidi Shierholz Keywords collective bargaining, education, equality, labor, middle class, outsourcing, privatization, trade unions, unemployment, women workers, wages, globalization, technology, income inequality, Along essentially every measure that econo- entire rise of economic inequality since the late mists track, economic inequality has been ris- 1970s as the outcome of an array of economic ing since the late 1970s. The wage gap between policies that had the easy-to-predict effect of those earning the minimum wage and those in widening the gap between the top 1 percent and top management slots, the income gap between the rest. families at the official poverty line and those in Over each of the last three decades, macro- the “1 percent,” and the wealth gap between economic policy (fiscal, exchange rate, mone- families drowning in mortgage, student loan, tary policies), trade agreements, deregulation of and credit card debt and those

Journal

New Labor ForumSAGE

Published: Sep 1, 2014

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