3 ms·
You forgot to adjust for inflation. 2% drop on money that is worth 6% less or so.
by cmdrfred 11y ago
You forgot to adjust for inflation. 2% drop on money that is worth 6% less or so.
- pc86 11y agoI was referring to unionized labor participation between Gen X (30 in 2004) and Millennial (30 in 2014) as defined by the article, meaning that its overall effect on Millennial income is negligible enough to approach zero. Not sure that inflation in relevant to that.
- mikeyouse 11y agoSmall absolute differences but that's still a ~22% decrease in union membership at the same age.. It could definitely affect wages, and certainly does for those in formerly union jobs.