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The synthetic control analysis also confirms California's progress in reducing wage inequality.
Employers apparently took advantage of this surplus in professional, technical and managerial workers by reducing wage offers.
This section examines whether the CPM was successful in raising wages for low-wage workers, increasing the number of Californians with health insurance, reducing wage inequality, and curbing carbon emissions.
Unions contributed more to reducing wage inequality and assuring healthier Americans for almost 30 years, and did so more effectively, than any other government policy over the same time period.
The synthetic control analysis above supports the original findings that the CPM did not lead to slower employment or economic growth, and was successful in raising wages for low-wage workers, increasing the number of California residents with health insurance, and reducing wage inequality.
A renewed union movement, countervailing the bargaining power of profit-makers, must play its inimitable part in increasing workers' wages and benefits, fostering economic mobility, increasing the middle-class share of incomes, reducing wage inequality and promoting a happier and healthier population.
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Restoring competitiveness requires reducing wages relative to Germany.
It's widely understood that abundant low-skilled immigration hurts lower America by reducing wages.
The computer industry took advantage of that glut by reducing wages.
Instead they must adjust by painfully reducing wages and prices relative to those of others.
But much of the task lies in reducing wages and prices.
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