Economists don't agree on whether higher wages boost the economy, or discourage employers from hiring.
Workers at state-run companies in China are riding pretty high. Beyond standard salaries, there are often a lot of perks for state workers, including mortgage payments, groceries, fancy cars. And it's all tax free.
A study by the Economic Policy Institute has found that for men and women between 23 and 29, the average income dropped between 7 and 11 percent in the past decade.