Emerging technology, stagnating
incomes, the rise of millennials, and other factors, are
driving a fundamental shift in how
workers in the U.S. find and earn
income.
[158] Other causes include the rise in non-cash benefits as a share of
worker compensation (which aren't counted in CPS
income data), immigrants entering the labor force, statistical distortions including the use of different inflation adjusters by the BLS and CPS, productivity gains being skewed toward less labor - intensive sectors,
income shifting from labor to capital, a skill gap -
driven wage disparity, productivity being falsely inflated by hidden technology -
driven depreciation increases and import price measurement problems, and / or a natural period of adjustment following an
income surge during aberrational postwar circumstances.