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paywall, but did they say mean pay or median pay? Just wondering if the real pay growth was evenly distributed.
by projectramo 8y ago
paywall, but did they say mean pay or median pay?
Just wondering if the real pay growth was evenly distributed.
- wool_gather 8y agoThe full sentence from the article says "on average", which I take as "mean", because later they make a distinction between "average" and "median". > In most rich countries, real pay has grown by at most 1% per year, on average, since 2000. Later: > Thus labour productivity rose by 75% in America from 1973 to 2016, while average pay rose by less than 50% and median pay by just over 10%. But the article is largely an opinion piece; the statistics are not completely fleshed out.