4 ms·

Is this a joke? $1,105 a week is $55K a year and US GDP per capita (which is basically average earnings) is $69K a year. A lot of people live on less than that.

Is this a joke? $1,105 a week is $55K a year and US GDP per capita (which is basically average earnings) is $69K a year. A lot of people live on less than that. Median income in the US is less than that, $44K. > The average personal income in the U.S. is $63,214. > The median income in the U.S. is $44,225. > The average American annual real wage was $67,521 in 2020. > The average U.S. household income is $87,864. > The median U.S. household income is $61,937 https://www.zippia.com/advice/average-american-income/ https://www.zippia.com/advice/average-american-income/

Spooky23 4y ago
In NYC with any size family you’d likely qualify for public housing.
dagmx 4y ago
It’s not a joke because they mentioned major metros whereas you’re looking at averages. Both can be true at once. The problem is that the amount is not relative to CoL but a flat amount.
- barry-cotter 4y ago
  > It’s not a joke because they mentioned major metros whereas you’re looking at averages. Not all major metros make building housing illegal. San Francisco and New York are not the only major metros in the US. You can build in Seattle and Houston at least.
  - dagmx 4y ago
    that’s a complete non-sequitur. Seattle has a much higher median cost of living than your comment. Also the entire Bay Area has high cost of living, even when you can build in other areas other than SF.
- AlchemistCamp 4y ago
  Even just looking at the mean personal income in metropolitan areas, it's not much higher than that–it was 56k in 2019 and is now 64k, according to the BEA Metropolitan Area table: https://www.bea.gov/data/income-saving/personal-income-county-metro-and-other-areas https://www.bea.gov/data/income-saving/personal-income-count... It doesn't include mean data but the mean personal income in cities may very well be below the 55k/year cutoff.
  - dagmx 4y ago
    Sure or it may be much higher depending on the specific metro. This is why you can’t take nationwide averages because the USA is a giant country , and the cutoff might be fine for one region but not another.
dragonwriter 4y ago
> $1,105 a week The weekly salary cutoff is $684/wk. If a firm is employing software workers and using hourly-wage exemption at $27.63, they are probably not getting 40 hrs/week regularly. > US GDP per capita (which is basically average earnings) is $69K a year. GDP per capita could be considered a very loose estimate of average income including capital accumulation, but...that's not super relevant to a claim about major metro living wages or appropriateness as an FLSA exemption point.
deleted 4y ago
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Spooky23 4y ago

In NYC with any size family you’d likely qualify for public housing.

dagmx 4y ago

It’s not a joke because they mentioned major metros whereas you’re looking at averages. Both can be true at once. The problem is that the amount is not relative to CoL but a flat amount.

barry-cotter 4y ago
> It’s not a joke because they mentioned major metros whereas you’re looking at averages. Not all major metros make building housing illegal. San Francisco and New York are not the only major metros in the US. You can build in Seattle and Houston at least.
- dagmx 4y ago
  that’s a complete non-sequitur. Seattle has a much higher median cost of living than your comment. Also the entire Bay Area has high cost of living, even when you can build in other areas other than SF.
AlchemistCamp 4y ago
Even just looking at the mean personal income in metropolitan areas, it's not much higher than that–it was 56k in 2019 and is now 64k, according to the BEA Metropolitan Area table: https://www.bea.gov/data/income-saving/personal-income-county-metro-and-other-areas https://www.bea.gov/data/income-saving/personal-income-count... It doesn't include mean data but the mean personal income in cities may very well be below the 55k/year cutoff.
- dagmx 4y ago
  Sure or it may be much higher depending on the specific metro. This is why you can’t take nationwide averages because the USA is a giant country , and the cutoff might be fine for one region but not another.

dragonwriter 4y ago

> $1,105 a week The weekly salary cutoff is $684/wk. If a firm is employing software workers and using hourly-wage exemption at $27.63, they are probably not getting 40 hrs/week regularly. > US GDP per capita (which is basically average earnings) is $69K a year. GDP per capita could be considered a very loose estimate of average income including capital accumulation, but...that's not super relevant to a claim about major metro living wages or appropriateness as an FLSA exemption point.

deleted 4y ago

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