Episode 95: Why No One Can “Steal” a Job
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The Importance of Compensation
About 3% of the American workforce makes minimum wage. Once you separate out all those people who make tips, it's much closer to 1%. So literally almost no one in the workforce makesminimum wage. It is the case that wages have not stagnated, but they have been growing more slowly because of how the government treats for tax purposes.
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