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I'm guessing a vast majority of that 2.9% wage growth is in the upper brackets anyways. https://fortunedotcom.files.wordpress.com/2017/09/income_change_2016.pn
by zajd 8y ago
I'm guessing a vast majority of that 2.9% wage growth is in the upper brackets anyways.
https://fortunedotcom.files.wordpress.com/2017/09/income_change_2016.png https://fortunedotcom.files.wordpress.com/2017/09/income_cha... for reference from a few years ago, it would be shocking if things have changed
- TangoTrotFox 8y agoUsually for these things, I find going to the original source is much more informative than relying on the media. Here [1] is the report from the BLS. It does mention distribution. You can see it for each profession group here [2]. The group "management, business, and financial" saw a 2.5% increase. Sales and office occupations saw a 3.5% increase. Service occupations saw a 3.3% increase. "Accommodations and food service" saw a 3.1% increase. Anyhow, plenty of other information available as well but this definitely looks very good. [1] - https://www.bls.gov/news.release/eci.nr0.htm https://www.bls.gov/news.release/eci.nr0.htm [2] - https://www.bls.gov/news.release/eci.t05.htm https://www.bls.gov/news.release/eci.t05.htm
- zajd 8y agoSure, this is by profession group/sector, do they have statistics that are by income? ie what share of the increase went to each quintile, for example.