Adjunct Professor Salaries in San Antonio, TX Salary estimated from 101 employees, users, and past and present job advertisements on Indeed in the past 24 months. Last updated: December 22, 2017
Causes of Wage Stagnation. Over the last 35 years (with the exception of the late 1990s), hourly wages of the vast majority have lagged far behind economy-wide productivity. This failure of wages to grow and rising wage inequality is the primary explanation for the rise of family income stagnation and income inequality over the past generation.
With minimum wages set to rise steadily in the years to come, and during a period when inflation is forecast to stay historically low, low-wage workers will achieve a much higher level than they ever have, and that will reverse decades in which wages have been stagnant or falling at the bottom of the distribution, said Michael Reich, chair of UC Berkeley's Institute for Research on Labor and Employment.