Since this study has been getting some attention, what says RFD?
http://www.cbc.ca/news/business/youn...says-1.2775231
"Young workers are spending more time in jobs that don't take advantage of their education, leading to a widening income gap with their parents. (Canadian Press)"
"Researchers found the average disposable income of Canadians between the ages of 50 and 54 is now 64 per cent higher than that of 25- to 29-year-olds, up from 47 per cent in the mid-1980s."
What this is saying is that, yes, workers with experience are paid more which is not surprising.
But what it is also saying is that younger workers are being stunted in terms of growth of pay.
Here is the full report:
http://www.scribd.com/doc/240679002/...-income-divide
The report suggests comparing the data of 25 to 29 year olds and 50 to 54 year olds in 1984 to that of 30 to 34 year olds and 50 to 54 year olds today (well, 2010) may be more pertinent. To me that is quite unusual and suggests that the young people of today are less responsible than those in the past.
http://www.cbc.ca/news/business/youn...says-1.2775231
"Young workers are spending more time in jobs that don't take advantage of their education, leading to a widening income gap with their parents. (Canadian Press)"
"Researchers found the average disposable income of Canadians between the ages of 50 and 54 is now 64 per cent higher than that of 25- to 29-year-olds, up from 47 per cent in the mid-1980s."
What this is saying is that, yes, workers with experience are paid more which is not surprising.
But what it is also saying is that younger workers are being stunted in terms of growth of pay.
Here is the full report:
http://www.scribd.com/doc/240679002/...-income-divide
The report suggests comparing the data of 25 to 29 year olds and 50 to 54 year olds in 1984 to that of 30 to 34 year olds and 50 to 54 year olds today (well, 2010) may be more pertinent. To me that is quite unusual and suggests that the young people of today are less responsible than those in the past.