• RestrictedAccount@lemmy.world
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    7 months ago

    This is a result of the glut of workers caused by the Boomers entering the workforce.

    To make ends meet, the women Boomers went to work too which compounded the problem.

    The times, they are a changing.

    • AwkwardLookMonkeyPuppet@lemmy.world
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      7 months ago

      Right, we have double the work force now thanks to women’s rights. I’m not saying we shouldn’t have women’s rights. Every human should have the same rights. I’m just saying that definitely played a factor in wages.

    • marcos@lemmy.world
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      7 months ago

      This makes sense, and as far as explanations go it’s better than most running around on the internet.

      Yet, it was a very abrupt change. Did the US population have that abrupt change to reflect there? On society it’s common that a very steep change leads to spread-down consequences; the reverse almost never happens.