@benlockwood does "compensation" in that graph mean how much workers are paid, their hourly wages?
@eliasr It means 'real wages', which is wages adjusted for inflation. Real wages in the US peaked about 1968. Actual (absolute dollar) amounts are lot higher now, but BUY less, and so are lower when adjusted for inflation.
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@wesdym thanks.I guess one way to look at it is "if I save most of my wages, how many years do I need to work before I have enough money to buy my own house?" There was a time when that was getting better, but nowadays it's more like "forget it, you will never own a house, you're not part of the house-owning class in this society".
