4 ms·
There's 0 chance US labor is cheaper than the UK at this point. US: >Real median household income was $74,580 in 2022 UK: >In the financial year ending (FYE)
by xxpor 3y ago
There's 0 chance US labor is cheaper than the UK at this point.
US:
>Real median household income was $74,580 in 2022
UK:
>In the financial year ending (FYE) 2022, median household income in the UK before taxes and benefits was £35,000, increasing to £38,100 after taxes and benefits.
- rendang 3y agoNZ is even lower per https://en.wikipedia.org/wiki/List_of_countries_by_average_wage https://en.wikipedia.org/wiki/List_of_countries_by_average_w... so unless there is a big difference in the manufacturing sector specifically, it's probably also cheaper there
- HPsquared 3y agoThat combined with the house prices... ouch.
- andyferris 3y agoWait - the median income in the UK is higher AFTER tax is removed? The median person receives more benefits than pay tax?
- pjc50 3y agoSomething not quite right there, because at £35,000 you're not eligible for that many benefits. Unless this is somehow miscounting pensioners?