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Yes. The statistics show (https://fred.stlouisfed.org/series/LES1252881500Q https://fred.stlouisfed.org/series/LES1252881500Q) that median wages are up 28% sinc
by SpicyLemonZest 2y ago
Yes. The statistics show (https://fred.stlouisfed.org/series/LES1252881500Q https://fred.stlouisfed.org/series/LES1252881500Q) that median wages are up 28% since Q1 2019. Note that this is less true of the typical HN crowd, since managerial and professional wages are only up 20% (https://fred.stlouisfed.org/series/LEU0254631400Q https://fred.stlouisfed.org/series/LEU0254631400Q).
- johnnyanmac 2y ago1. I think this is one of the cases where median isn't as helpful as the full 5 numbers. if the median is good but Q1 is barely above living wage, that's 25% of the country struggling. 2. You own math doesn't check out here. the progression here went from ~900 to ~1100. 22 is a much far cry from 30 than 28. you also seem to have underreported the professional wages (28% compared to 20%)