Tuesday, June 05, 2007

Even college grads not sharing in productivity growth

Research by academics at MIT shows that earnings for college grads in the U.S. are not keeping pace with productivity, particularly for men, reports a story in the Financial Times. The study's authors say that changes in the U.S. labor market has hurt bargaining power of most workers.

I'm no expert on the topic of incomes inequality, but my understanding is that the growing inequities in nations' income distribution is happening around the world--this is not just a U.S. phenomenon. I'd love to see more on this topic.