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progree

(12,866 posts)
1. It's interesting they include the median pay as well as the average pay
Sat Mar 31, 2018, 07:38 PM
Mar 2018
https://www.bls.gov/news.release/ocwage.t01.htm

For all 142,549,250 employed (May 2017), the mean hourly wage was $24.34 and the median hourly wage was $18.12

(doesn't say anything about if these are all full-time or not)

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Some time ago I found median weekly earnings of FULL TIME workers,

https://www.bls.gov/webapps/legacy/cpswktab1.htm

but not corresponding hourly earnings or ones for all workers... Full-time workers undoubtedly make more than part-time workers on median and on average

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Anyway, people are always yammering at me about posting anything having to do with AVERAGE pay or income, making the point that if Bill Gates walked into a Salvation Army soup kitchen having 80 people, the AVERAGE net worth would be $1 billion. So average is garbage blah blah blah.

So I post average hourly earnings (and average weekly earnings) statistics for Production and Non-supervisory workers which hopefully is not distorted by a few extremely high earners (they all work for someone else for a wage salary, they aren't business entrepreneurs, they don't have any staff or anyone reporting to them, etc.).

But I'd prefer median over average if I could find it... Maybe the above ocwage link will lead me to median hourly and median weekly earnings on a monthly or quarterly basis, and even better, that also includes one that is inflation adjusted.

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