Why Are Wages So Low?
Pay packets in developed economies have hardly grown in decades. For many workers the good times were over long before the financial crash in 2008. What's going on?
Pay packets in developed economies have hardly grown in decades.
Economic output and the number of people in jobs have both improved since the global downturn. But with income levels failing to rise, ordinary workers aren't feeling the benefit. And for many, the good times were over long before the 2008 financial crash.
In this edition of The Inquiry we hear from experts in the three largest economies to have suffered flat wage growth in recent years: Japan, Germany and the US. What lies behind the experience in each country – and can those answers help to explain the wider phenomenon?
Presenter: Linda Yueh
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Broadcasts
- Tue 8 Mar 2016 02:06GMTBBC World Service Americas and the Caribbean
- Tue 8 Mar 2016 03:06GMTBBC World Service Online, East Asia & UK DAB/Freeview only
- Tue 8 Mar 2016 04:06GMTBBC World Service South Asia
- Tue 8 Mar 2016 05:06GMTBBC World Service Australasia
- Tue 8 Mar 2016 07:06GMTBBC World Service East and Southern Africa
- Tue 8 Mar 2016 13:06GMTBBC World Service Online & UK DAB/Freeview only
- Tue 8 Mar 2016 14:06GMTBBC World Service East Asia, East and Southern Africa, South Asia, Europe and the Middle East & West and Central Africa only
- Tue 8 Mar 2016 20:06GMTBBC World Service Online, Europe and the Middle East, Americas and the Caribbean & UK DAB/Freeview only
- Tue 8 Mar 2016 21:06GMTBBC World Service East Asia, Australasia, South Asia & West and Central Africa only
- Sun 13 Mar 2016 03:06GMTBBC World Service except News Internet
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The Inquiry
Getting beyond the headlines to explore the forces and ideas shaping the world
