3 ms·
Making 200k at 24 is a sweet deal tho..
by whateveracct 5y ago
Making 200k at 24 is a sweet deal tho..
- musha68k 5y agoI’m not an economist but afaik if minimum wage would have kept pace with productivity it would be at USD ~50k at this point. So if we talk about skilled labour of any sort USD 200k would be somewhat normal across industries.
- thow-58d4e8b 5y agoUS minimum wage reached $1/hour in 1956, or $10.25/h in 2021 dollars Since 1956, inflation adjusted GDP per capita increased by +218% All things equal, this would mean ~$66k / year for a 9-to-5 job paying minimum wage