, Columnist
A Momentous Shift Is Taking Shape in the Labor Market
Faster wage growth for the low-skilled has implications for economic growth, inflation and Joe Biden’s political prospects.
The underdogs are finally making progress.
Photographer: MANDEL NGAN/AFP/Getty Images
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I spend a lot of my professional life drawing charts. You had probably noticed this. Often, producing a chart that tells a story clearly and without distortion takes a lot of work. And sometimes, the first numbers I key into the terminal lead to something truly fascinating that needs no further explanation. This is one of those charts.