Despite some ups and downs over the past several decades, today’s real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
Large-scale refugee flows and lack of progress in slowing global warming are the top risks that the world faces in the coming decade, according to a survey by the World Economic Forum of executives and experts.
Growing economic inequality, increasing joblessness, global pollution and severe weather events are among the world’s most pressing threats experts say.