Reference: 1742 Title: Real Wage Growth in the U.S. Lagged Behind Living Costs Summary: The Federal Reserve Bank of St. Louis found that from 1940 to 2015, real wage growth was only 1.4%, failing to keep pace with productivity and asset inflation. URL: https://www.stlouisfed.org/publications/review/2020/01/17/worker-diversity-and-wage-growth-since-1940