241791
Panel A: Percentage Point Contribution
Year | Unexplained** | Noncompetes, misclassification, overtime, supply chain dominance* | Corporate globalization | Eroded collective bargaining | Excessive unemployment | Baseline |
---|---|---|---|---|---|---|
1979 | 0% | 0% | 0% | 0% | 0% | 0% |
2017 | 43.0% | 32.7% | 23.5% | 17.9% | 10.0% | 0% |
Panel B: Dollar Contribution
Year | Unexplained** | Noncompetes, misclassification, overtime, supply chain dominance* | Corporate globalization | Eroded collective bargaining | Excessive unemployment | Actual growth | Baseline |
---|---|---|---|---|---|---|---|
1979 | $20.48 | $20.48 | $20.48 | $20.48 | $20.48 | $20.48 | $20.48 |
2017 | $33.10 | $30.72 | $28.59 | $27.30 | $25.46 | $23.15 | $20.48 |
Notes: Automation/skill deficits had no effect.
* Dominant buyer and fissuring
** Including but not limited to: wage theft, guestworker programs, racial discrimination, industry deregulation, forced arbitration, and anti-poaching agreements
Source: Authors’ analysis from Table 3.
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