“Wageless Growth” not “Jobless Growth” the new conundrum*

Dec 17th 2018, C.P. Chandrasekhar

The 'synchronised recovery' that global policy makers are periodically referring to has bypassed much of the world’s working people. If growth is improving and unemployment is on the decline, then one should expect that wage growth would improve. The fact that it is falling poses a conundrum.

This article was originally published in the Frontline Print edition: December 21, 2018.

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