👓 What Amazon does to wages | The Economist

Read What Amazon does to wages (The Economist)
WHEN Amazon announced in 2010 that it would build a distribution centre in Lexington County, South Carolina, the decision was hailed as a victory for the Palmetto State. Today the e-commerce giant employs thousands of workers at the centre. Just 3.5% of the local workforce is out of work.

It would be nice to have some additional data on some of the subtleties. Lack of rising wages has also been recently noted to be the result of companies giving one time bonuses as well, and this particularly in response to the recent tax incentives. Sadly a one time bonus is not worth nearly as much as an annual raise in the long run.

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