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How is this possible? "more than 80 percent of California jobs paid under the median income" I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
So your jobs each pay X, but your income is 2X.
How is this possible? "more than 80 percent of California jobs paid under the median income" I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
How is this possible? "more than 80 percent of California jobs paid under the median income" I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
https://www.chapman.edu/communication/_files/beyond-feudalis...
Which is saying that 80% of new jobs were created at wage levels below the median level. E.g. they are looking at ~1.8 million jobs added from 2008-2018 and comparing it to the median wage in 2018 out of the ~19 million people working in California.
How is this possible? "more than 80 percent of California jobs paid under the median income" I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
Not to make this a political issue, but the number of uneducated immigrants in southern california is staggering. Add those to the regular number of workers below the median income, and this number is very easy to arrive at.
How is this possible? "more than 80 percent of California jobs paid under the median income" I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
Great example of why average is a terrible measure, as the top one percent will include multi-billionaires and centi-millionaires.
No doubt California has many problems but describing these as if they're isolated to California or merely the result of local political actions is disingenuous (but is what you expect from this right wing site shopping right wing talking points). The US overall has a problem with rising poverty and wages not keeping up with the cost of living. The US overall has a problem home-as-investment standing in the way of act…
Unfortunately, these pieces could almost always be reduced to "housing costs". They address it a bit in this most recent one, but homelessness / school enrollment / natural population growth / middle class jobs / energy costs can all be traced back to the huge housing deficit that's accumulated over the past 30 or 40 years.
California has such a huge housing deficit at this point that people really have no option except to move out. The point where they are losing the population equivalent of 3 mid size cities every year while still maintaining a housing crisis.