Row 91086

Row ID: 91086 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 91086 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Thanks for sharing the link! I like data rather than general feelings. That’s really interesting - I hadn’t seen that before. Lower household income would definitely result in unhappy people, which I can understand the disconnect between overall economic metrics and general feelings on the economy.

Trying to understand the data, I could be wrong but I don’t think net income is taking expenditures into account. It should purely be earnings.

So wages are up, but income is down. In an individual person example, I made $10/hr and work 40 hours = $400. If my wage goes up to $11/hr but my hours get cut to 36 = $396.

I wonder what’s causing the drop in household income. I initially thought retirees leaving the workforce. But in theory, retirees would generally be the highest earners and real wages would go down instead of going up, so it’s probably not that.

Hopefully, someone has analyzed and has the explanation or at least a plausible theory.

FieldValue
text Thanks for sharing the link! I like data rather than general feelings. That’s really interesting - I hadn’t seen that before. Lower household income would definitely result in unhappy people, which I can understand the disconnect between overall economic metrics and general feelings on the economy. Trying to understand the data, I could be wrong but I don’t think net income is taking expenditures into account. It should purely be earnings. So wages are up, but income is down. In an indivi…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-25
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Raw Record

{
  "text": "Thanks for sharing the link!  I like data rather than general feelings.  That’s really interesting - I hadn’t seen that before.  Lower household income would definitely result in unhappy people, which I can understand the disconnect between overall economic metrics and general feelings on the economy.\n\nTrying to understand the data, I could be wrong but I don’t think net income is taking expenditures into account.  It should purely be earnings.\n\nSo wages are up, but income is down.  In an individual person example, I made $10/hr and work 40 hours = $400.  If my wage goes up to $11/hr but my hours get cut to 36 = $396.\n\nI wonder what’s causing the drop in household income.  I initially thought retirees leaving the workforce.  But in theory, retirees would generally be the highest earners and real wages would go down instead of going up, so it’s probably not that.  \n\nHopefully, someone has analyzed and has the explanation or at least a plausible theory.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak1yYlJPc25raUItaFQ2cllZVkhOWTMtS1NjVkhpQXo3eHRjVlYyNFowdXhHZ0hWblV5RG5hc0ZER2VzMDF4c3ItR2lOMjNGX0Y0UmluZC1SV2ZOck5ubHc9PQ==",
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}
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