same old same old.
they've been able to keep wages, and the minimum wage, depressed so long that the labor force is shrinking not through a lack of potential workers, but through a lack of willingness for people to work for unlivable wages. if wages kept pace with productivity, as they had for the longest time, the median wage would about 140k/yr, and the minimum wage would be ~20/hr.
this has the effect of preserving the elite's status without requiring them to provide for a strong middle class to buy their products.
instead they preserve their relative status by keeping everyone else's financial status depressed.
you'd almost think it's intentional.