wage stagnation - The New School SCEPA
Working paper— Workers at all earnings levels would benefit from expanding Social Security. SCEPA proposes defaulting workers into “Catch-Up” contributions, where— starting at age 50— they would contribute an additional 3.1% of their salary. The increase in alternative work arrangements among older workers is due to low wages stemming from older workers' decreased bargaining power.
January 2018 Unemployment Report for Workers Over 55
For typical American male workers, there has been no general rise in wages since the late 1960s, with only short periods of modest improvement.