Presumably, low wage jobs in production are the first to go, especially in light of outsourcing. That should raise average wages. On the other hand, much of the job growth is in low wage service jobs, which should lower average wages. I am guessing that the latter should predominated, but I am not sure.
Any suggestions? -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
