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Strategies to address falling wages and skills gaps

from By: Deb Page

The McKinsey Global Institute recently reported that incomes were flat or fell for two-thirds of households in 25 advanced economies between 2005 and 2014 — an explosive increase from less than 2 percent in the previous decade. While it is widely assumed that the next generation in these countries will have as good or better quality of life as the last, the disturbing trend of falling or flat income threatens that expectation. more


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