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S08classnotes2 - AU~~K ~~ HoMe c.ou~T~ rfJ r ~4 ~...

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Unformatted text preview: .. AU~~K'(- ., ~~ HoMe- c..ou~T~'( rfJ r ~4 ~ \( c.. '()A ----i~~~--\>~ f~ 'f A. t o.ut~t ~ UE:S~'CNS • G\: 11\ tA-<...... ~L1'O '\. 1\~'1~J? A NCNJe".: ~ ~\,)N1>~T ~At.1O"--- 1:> ~'\ ofa~- ~ ru,1\ c ~ f=A-c.1-ol\ wo" te=- 0 FJ:-- UN (.Le;q 1\ ~~ ON LA ~o '" tN ~) tJ\st \i) k {r ~ ~Ul-'~~b ~~do\ T \t 1\{e S,-A I\t~ ~c..ro-t ~e=tA-:1 ~ ~ v . 'IT"\.-)" .. • )\,k .,)\.,1\. t t, ~K '9A Ar -"-, fM fA \}J \JJ • t PK 'fA ~1e~S'- .w~", ~~,~s ~o W &- LA" 0 I\. ~c...L 0 c4l\~- \uf.M\ ~p~$ 1'0 w w " \)1"1.' ) ~A ~~ ~\,l;A.tS ~ A.k A • J\. tC' ~ l:.:t:.- ~" VPr VIM ~A , "" ( \ ft A' YA~ ( t-\ t' ; \. • P11 4u't 'It ~-r · • L..('1.f ~'t ~ u eS1\'CMJ '. ) • A-r- t: o ~ ~ w = ~ ~ ~f'1 ~K'() AT · ~ ~'i> A- ) tt.P L N is CDAJ r~ SIN ce=- k ~\Xe~ !+1Vl) 'ltt c.OAtrMN"'_ l\ ~He~ G~'\ .' w =- ItfL M • X?H SiNt~ '1g A W = ~o A rtPLI"\+~~ 'p~ t ~ If o %C)~:: % C fl1 S t N tte- \'C " i t l. 0 uJ e ~ \\ It \lh+1J ~ I A-\ c:...: o ~o A. UJ L. iG 0. ~f'1--3) w t 2- Pit- C. OAJJ.~- ).lJL t - ~ ~u "-":>~ If:Al <to '\ L C.A-t1l 'M- L ) Jlk. . t J\.~ t ~ 'Y'M. ~ At. CDe'~~ , PA..o~M- t-\A:;'~> h k;:' M t k • ~ .;;> AS-:: N.P~ t\P'c' ~~ 4-uJ6- ~~ ov,\ ,q..SSu k. f"t\ '0 A(( ~ e. () e."./~ S (:) I\.J ~tL • ~ V:'\OM. Q't~VlQU S ViO'l1c l..U e kNOfA.J L I'-t t - =f) ~ ~- ~ N.'~ t ~ ~ Jl f A e\JN\)lWt • f-\ ~~ ~w4tAJS WE ~ ~oJJJ-------, .. ~~ f -?' ~ A J\~ /~~ f'1 I So >\1< t i> .. \lk \ V~ " 't CONt~,-. ... SCA I\t~ ~t.~~ c..... LAM) a. J\~ .. ? '<' t-t \9 A ALcoe~~A-. : ... ()", 0 ~t"t- N.~ ~> }\.T: K PT. fll " ~ : hPT CS lNC~ LA.t,. II- T c.~-- y ~ ~ ~) N PI ~ 1 ==v ~; ~ ~~. h T ~ .J ,Ales- PA C.omMN7" ;") r ~r... ~ 1 (IINttf 'p~ t. " l \It"\. I '- t\,.-'/ 1)(ACO~"1\ • % A "'~ > A A p", >VX~W;>%~rA ' r f:o t\.' ~A.;. " s ~ .i, 'f1Jr A rSut1,e- ~h loor~1'"' YJA- ~ Real hourly $27 ~, wages (2003 dollars) 24 21 18 15 Real H~l.!rlyEarriirlgS of prod.lclction 'Work~rs This chart Sh0W~ the. rear wages (in constant 2003d.oJlars) Information services I ~. Manufactu~ng- ''-r-2::---7 All private services 12 U-..--L_--'----'-_-l...--L_-'-------'-_'--------'---'_---"-..--L_--'------'-_..l--' ~'? ~'0 ~'\ ~C'J ~'" ~'? ~'0 ~ ~C'J ~'" ~'?~'0 ~'\ ~C'J Rl'" Rl'? ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ",C'i ",C'i Year earned bypmd&ction workers in U.S. manUfacturing, in all private serviGes, and in information services (a~lJbset of all private sePiites). While wages are slightly higher in manufacturingtha!1a'll p.rivate services, theinforrT\~tion service industrypay~·wages that are substantiaUy higher than those in manufaeturihg. Real wages for production workers fell in most...
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S08classnotes2 - AU~~K ~~ HoMe c.ou~T~ rfJ r ~4 ~...

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