US workers are most productive and have the highest share of low wage workers

(Credit: John Schmitt)


(MoneyWatch) Recent research from John Schmitt of the Center for
Economic Policy Research indicates the US leads developed countries
in the share of workers earning low wages. 

The bars in this graph represent the share of workers in low wage work.

Low wage work is defined as employees earning less than
2/3 of the median wage (approximately $10 per hour or $20,000 per
year). 

The US leads among developed nations with the number of low wage workers. Us workers are also the most productive in the world. See  http://www.msnbc.msn.com/id/20572828/ns/business-world_business/t/un-us-workers-are-worlds-most-productive/#.T6XZa-tYtOI

Welcome to the world's newest Banana Republic, 

source:  http://www.cbsnews.com/8301-505144_162-57415828/research-shows-the-us-is-a-low-wage-country/

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