- May 4, 2024
- Posted by: legaleseblogger
- Category: Related News
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Saw this while scrolling and the order was perfect for this. Do you think this is because businesses are having to compete for quality workers?
The first post only allures to offering that to new employees. Maybe to get them away from the lower paying salaries. Inflation is the obvious reason but I’m curious to know if there more factors to consider
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****** just grabbed a
Median and mean are different.
I don’t know about you guys, but I ONLY get my news and stats about the economy from
*check’s notes*
An anonymous Twitter account that started as a meme stock account and a random “economist” that works for a climate change-denying Think Tank.
/sarcasm
It sounds like half of America needs to quit their job and reapply when the position opens up at a higher salary /s
1. The median and the average are different metrics.
2. The higher number is new salary offers, the lower number is all incomes.
3. The higher number is for full-time offers, while the lower number is the median of everyone 15 and older, even people who work part time or don’t work at all.
I made 43,000 last year and I live in LA. I’m so poor😅
Jobs being offered currently = = jobs currently being worked
Edit: thanks for posting this. I wanted to read some commentary about these 2 posts but couldn’t be bothered to make the post.
What used car did you buy 😅😅
3400 doesn’t even include taxes taken out or is the 41k post taxes
Averages are fun! Did you know, on average, Bill Gates and I are both billionaires?
Yeah, averages.
“Do we all make at least $70k” … That’s not how ‘average’ works son
Used car payments are $530 these days?
I got my car a few years ago at 7% interest rate and its only $280 a month which still feels high..
Real median personal income in USA in 2022 was $40,480. That means half the people got paid $40,5K or less.
https://fred.stlouisfed.org/series/MEPAINUSA672N
For some strange reason people object to this number because it includes part timers and anybody over 15 who works, as if they’re somehow not workers. Never mind businesses that actively limit hourly employees to part time because they don’t want to pay for benefits.
Working school age teens (16-19) were about 5.4 million in 2022. Total employed were 158.9 million, so teen workers were 3.4% of them. Somehow they think excluding working teens would have moved the median needle far from $40.5K. NOT.
https://www.bls.gov/news.release/empsit.t01.htm
Is that 41k a year gross or net?
#Nice
Keep voting the same way. PLEASE. /s
My 18 year old kid is a working age statistic in these studies. So are stay at home parents, semi-retired elderly, etc. Average / median income skews higher than this when adjusting for these people.
The median household income as of 2023 was $74K. Household = everyone in a particular household.
As per DOJ bankruptcy data, the median income for a single earner is somewhere between $48K in Mississippi and $86K in DC.
Example # 2398423 of why you can ignore anything related to salaries that talks in terms of average wage instead of median.
Haven’t had a car payment in years. 20 year old truck has been just fine outside if an occasional repair. Getting close to upgrade but will fund myself through discipline these last years.
Median used car payment of $530 is insane. I get that used car prices have been stupid high, but you could always get a decent car for under $20,000.
Not everyone lives alone. Median rent also includes people who live with partners or roommates.
Not everyone has a car payment.
People are living way above their means in terms of cars I mean paying for a used car 528 a month is insane I mean it’s understandable if it’s like a used luxury car. Monthly for like LS 460 but that’s about it
I work in the hospitality industry. We just had a HUGE Zoom call with over 60 managers with the premise being “regular” employee (none managers) are over paid and we have to start hiring ppl in at a lower rate.
All companies will be doing this in the near future.
Most U.S. workers make about 58,000 (according to the most recent poll). You can’t average this because we have billionaires and minimum wagers.
Don’t take car loans.
We’ve been in a recession for a year. They changed the definition of a recession to lie to you 🤷♂️ but why buy an expensive used car when you knew you couldn’t afford it???? In California my used 2019 Nisan Sentra is $333 a month.bought new enough to have the original warranty for a year. And it’s reliable for several more at least.
Disingenuous post.
Roommates and paid off cars should be normalized.
Boom, just found $1500 in this person’s budget.
Biden?
Average vs median is an incredibly important distinction here
Top is a propagandized way of saying low skill and entry level jobs have frozen hiring. Bottom is believable but sad.
Average includes CEOs
Median rent is not 2k