Row 71661

Row ID: 71661 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 71661 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

You are misreading it. These are “Real” weekly earnings, which means they are adjusted for inflation.

The unit is just to give us a constant unit of measure to compare across time. So in 1982, the median worker was making around 312 units (1982 dollars) per week. Today, the median worker is making around 365 units per week.

The actual amount the median worker brings home each week now is close to $1200, which, when adjusted for inflation, is equivalent to around $365 back in 1982.

So rather than looking at wage growth on one graph and inflation on another graph and trying to compare the two, the initial graph I linked combines those metrics into one graph.

FieldValue
text You are misreading it. These are “Real” weekly earnings, which means they are adjusted for inflation. The unit is just to give us a constant unit of measure to compare across time. So in 1982, the median worker was making around 312 units (1982 dollars) per week. Today, the median worker is making around 365 units per week. The actual amount the median worker brings home each week now is close to $1200, which, when adjusted for inflation, is equivalent to around $365 back in 1982. So rather t…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1maHFPOVZSaWNOXzV1T0dQWUpkdk8teENLZm9kMHRGYXkyOWpkZ3ROTjd0VEFibVlhcUFIWnRxaGRWTFpPZjAzTEpsSmNOTms1RE42Y1dacHhmcmR2R2RMbHVXelQtaGxZNzl2U3hGSHdHMEU9
url_encoded Z0FBQUFBQm5Lak93U2hjdDR1X3Z1QmM5Y0gzX1dfVkkzWXNkcVZJNTVQTG56SEFsYzNRYUw3RFI2Q2pFc3VIcEF0ZGh5TmFwRVFmSHhNdGJqWTg4TEI2dl91RXhoSVJyVVdWcVlDV2VxRmh3RlFVczdkWExVYlZPVV9PSTFnSXI2MERTUEhPY0pDUExwTllsV05DRGJRYW9rNDZ5OXd2b1E5UTBKZFdYLURCaTFtazZ6YVJZaTJtcTF1SEJKM1hyZHU3dG5qanhxNTV4dDJicGxHUHM5LVZFUFZ1RWdzVkJaZz09

Raw Record

{
  "text": "You are misreading it. These are “Real” weekly earnings, which means they are adjusted for inflation.\n\nThe unit is just to give us a constant unit of measure to compare across time. So in 1982, the median worker was making around 312 units (1982 dollars) per week. Today, the median worker is making around 365 units per week.\n\nThe actual amount the median worker brings home each week now is close to $1200, which, when adjusted for inflation, is equivalent to around $365 back in 1982.\n\nSo rather than looking at wage growth on one graph and inflation on another graph and trying to compare the two, the initial graph I linked combines those metrics into one graph.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1maHFPOVZSaWNOXzV1T0dQWUpkdk8teENLZm9kMHRGYXkyOWpkZ3ROTjd0VEFibVlhcUFIWnRxaGRWTFpPZjAzTEpsSmNOTms1RE42Y1dacHhmcmR2R2RMbHVXelQtaGxZNzl2U3hGSHdHMEU9",
  "url_encoded": "Z0FBQUFBQm5Lak93U2hjdDR1X3Z1QmM5Y0gzX1dfVkkzWXNkcVZJNTVQTG56SEFsYzNRYUw3RFI2Q2pFc3VIcEF0ZGh5TmFwRVFmSHhNdGJqWTg4TEI2dl91RXhoSVJyVVdWcVlDV2VxRmh3RlFVczdkWExVYlZPVV9PSTFnSXI2MERTUEhPY0pDUExwTllsV05DRGJRYW9rNDZ5OXd2b1E5UTBKZFdYLURCaTFtazZ6YVJZaTJtcTF1SEJKM1hyZHU3dG5qanhxNTV4dDJicGxHUHM5LVZFUFZ1RWdzVkJaZz09"
}
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