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Yeah, just because the US has 300 billionaires that does not make the median salary anywhere near six figures. In fact it's quite low, somehow people are expec
by smaudet 1y ago
Yeah, just because the US has 300 billionaires that does not make the median salary anywhere near six figures.
In fact it's quite low, somehow people are expected to survive on several thousand a year, after the rent, utilities, transport costs are all paid.
https://www.fool.com/money/research/average-us-income/ https://www.fool.com/money/research/average-us-income/
These are official stats, but unofficial employment puts the number lower:
https://investorshangout.com/carlyle-group-unveils-alarming-job-market-trends-amid-shutdown-415466-/ https://investorshangout.com/carlyle-group-unveils-alarming-...
- tptacek 1y agoIt helps to understand the difference between the mean and the median.