According to Lawrence Mishel, president of the Economic Policy Institute in Washington, D.C., productivity between 1973 and 2011 grew around 80% while wages and benefits of the median workers grew about 11%. “Almost all of that growth occurred in the 1995 to 2000 period. So, outside of these few years, there has been almost no growth in pay, but substantial growth in productivity.” In recent years, he adds, “we have seen the phenomenon of historically high profits [along with] substantial unemployment and little wage growth for hardly any group of workers,” including both high school and college graduates.