How to increase salaries? Hah, fundamentally change the supply and demand of labor. Not gonna get around that basic dynamic.
Too many unemployed / underemployed educated people willing to take the job for less. Too few companies generating enough profit and growth to employ such numbers of people at good salaries.
All you have to do is change even 1 of those 2 things, and get out of the curse of the middle aged advanced economy.
Too many unemployed / underemployed educated people willing to take the job for less. Too few companies generating enough profit and growth to employ such numbers of people at good salaries.
All you have to do is change even 1 of those 2 things, and get out of the curse of the middle aged advanced economy.