an unexpected but welcome change is that real wages of low-income workers increased too during the recent years, but the historic trend obviously shows the enormous disparity (check figure C 1979-2019)
and for context on the context, the size of the active population also increased - so fewer people age out of the workforce than how many started working
also boards rarely change CEOs for paying employees well, they change CEOs if the company is not growing
labor's share of income usually falls during periods of growing output and rises otherwise (but apparently tech booms/bubbles are an exception, check the graph -- https://en.wikipedia.org/wiki/Labor_share#/media/File:FRED_g... )
an unexpected but welcome change is that real wages of low-income workers increased too during the recent years, but the historic trend obviously shows the enormous disparity (check figure C 1979-2019)
https://www.epi.org/publication/strong-wage-growth-for-low-w...
...
and for interesting context let's not forget that during this time a lot of immigrants started to work
https://cis.org/Report/ForeignBorn-Number-and-Share-US-Popul...
and for context on the context, the size of the active population also increased - so fewer people age out of the workforce than how many started working
https://tradingeconomics.com/united-states/active-population...