The crisis never ended, it just changed shape.
How much Americans make in wages
11–20 of 219 posts
Re: How much Americans make in wages
#12> 48% of wager earners had net compensation less than or equal to the median wage I'm surprised. I expected that 50% of wage earners would make less or equal to the median wage. If for no other reason than the definition of median.
Yeah I looked for a * or reference of some kind, but did not find one. I think they are using 30k as the threshold for the 48% number, while the median is the 31k and change number.
Re: How much Americans make in wages
#13Which js library can help to create such clean visualization ?
Re: How much Americans make in wages
#14> 48% of wager earners had net compensation less than or equal to the median wage I'm surprised. I expected that 50% of wage earners would make less or equal to the median wage. If for no other reason than the definition of median.
It might have to do with rounding and the resolution of the cohort binning -- 48% being pretty close to 50%.
Re: How much Americans make in wages
#15The greatest trick the 1% in America has ever accomplished is convincing people who make $30/hour that scary foreigners and people who want to raise their minimum wage to above-poverty levels are a threat to their way of life.
Re: How much Americans make in wages
#16> 48% of wager earners had net compensation less than or equal to the median wage I'm surprised. I expected that 50% of wage earners would make less or equal to the median wage. If for no other reason than the definition of median.
Uh, are you thinking mean? Median is lining up every salary, counting to N/2, and selecting the number you happen to fall on.
Re: How much Americans make in wages
#17>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
Just scroll down - the whole site is filled with questionable 'data insights'.
Which City is Adding the Most Jobs in Your States in CA? San Bernardino. Oh wait, it is percentage mapped to region size, not to population - so going form 1 to 2 employees in a hypothetical empty but vast region would be a 100% growth, and nice peak on the map.
Percentage of people living in extreme poverty in Russia and Kazakhstan? 0.0% (hint: it is actually no data)
It is either a troll site, or a good example of data misinterpretation.
Re: How much Americans make in wages
#18>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
Students and minors don't make up anywhere near half of the working population, though.
24% of the U.S. population is under the age of 18. If you include those that are in college, disabled, and retired then you are now at roughly 1/3 of the population. Based on the statististics provided in the article that would mean 75% of the population make above $30k.
Re: How much Americans make in wages
#19Dual ~30k incomes is still very much middle class in most of the US.
Most Americans don't live in most of America.
Re: How much Americans make in wages
#20>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
Caveat? No. Not in a society that has less worker protections than any major country in the world.
The implication in your treating this as a “caveat” is that there is a choice being made by some significant amount of the subjects studied. The reality is unknown, and the significance of the impact is more difficult than ever to reason with.
The difficulty of arguing that this choice even exists for these people is as alarming as the study results taken at face value, and suggests your argument should be weighed more as a potential excuse than a “caveat”.