In an earlier post I had mentioned "stagflation" and wage "dis-inflation" as the current state of the wage growth in the northwest and in general. A few days ago, the Wall Street Journal published a closely related article on the same general topic, including the following graphic, which displays what's happening better than I could ("A picture is worth a thousand words...").2008, and likely a year or two ahead will not be a good period for workers making real (after inflation) wage gains.
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