*SMLR-Net, the source of selected news on labor and employment relations and Human resource management* Title: Top 1.0% of earners see wages up 157.8% since 1979 Author: Lawrence Mishel https://www.epi.org/people/lawrence-mishel/ and Melat Kassa https://www.epi.org/people/melat-kassa/ Source: Economic Policy Institute (EPI)
*Date: *Dec 18, 2019
*Summary: *Over the last four decades since 1979, the top 1.0% saw their wages grow by 157.8% and those in the top 0.1% had wages grow more than twice as fast, up 340.7%. In contrast those in the bottom 90% had annual wages grow by 23.9% from 1979 to 2018. This disparity in wage growth reflects a sharp long-term rise in the share of total wages earned by those in the top 1.0% and 0.1%.
*Link:* http://bit.ly/2ty6xun
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