[–] derram 0 points 1 points (+1|-0) ago 

https://archive.fo/D3UTS :

Study: Over 20 years, Silicon Valley workers’ median wage has fallen by 14% | Ars Technica

'"The median wage for workers in the Silicon Valley region declined by 14 percent," the research showed. '

'Their winner-take-all business models have reverberating effects across markets in Silicon Valley. '

'Worse still, many costs are rising: notably Bay Area housing is increasingly unaffordable. '

'"If labor’s share of production in 2016 had been the same as in 2001, every employed Silicon Valley worker would have received, on average, an additional $8,480," the authors wrote. '

'This drop in income comes at the same time that productivity in the United States is at record highs, the study found. '


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