3 ms·
Genuine question: looking at that graph, it's saying that median weekly earnings reached a peak in 2009 then dipped 2010 through 2013. I find it rather counter-
by lazulicurio 7y ago
Genuine question: looking at that graph, it's saying that median weekly earnings reached a peak in 2009 then dipped 2010 through 2013. I find it rather counter-intuitive that a peak in median earnings would occur during the recession. What would be the explanation behind that peak?
- finebalance 7y agoPossibly: low income earners lost jobs in substantial enough numbers to affect the median (that to some extent is robust to outliers).