From 1959 to 2009,inflation-adjusted wages increased by 131 percent in the U.S.As a result,firms reduced the amount of labor they employed by nearly 20 percent.

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This statement is false. There is no evidence to support the claim that firms reduced the amount of labor they employed by nearly 20 percent due to inflation-adjusted wage increases from 1959 to 2009.

From 1959 to 2009,inflation-Adjusted Wages Increased by 131 Percent in the U.S.As