descriptive claim
From 1979 to 2019, US wage growth of the top 10% income tier was nearly 10 times that of the bottom 10%, whose wages were essentially flat.
desc_us_wage_growth_divergence_1979_2019
confidence 0.80
Evidence (1)
supports (1)
- Jamie Dimon's Letter to Shareholders, Annual Report 2024 expert_estimateweight0.70
locator: Section I, 'Too many left behind'
“From 1979 to 2019, wage growth of the top 10% income tier was nearly 10 times that of the bottom 10% – which, basically, did not increase at all.”