Those figures are different from total income, in that they ignore investment income as well as bonuses or overtime that is not considered usual. The national median wage in the first quarter of this year was $827 a week. In 2013 dollars, the median wage 13 years before was $819, so the increase is about 1 percent. The figures include all workers over the age of 25. The department said that to reach the 90th percentile — that is, to earn more money than 90 percent of those with jobs — a person needed to earn $1,909 a week. That figure was nearly 9 percent higher than in early 1980. To reach the 10th percentile — earning less money than 90 percent of those with jobs — required an income of $387 a week. After adjusting for inflation, that figure is down 3 percent from 2000. The accompanying charts show the trends over time for the 25th and 75th percentiles, as well as the median and the 10th and 90th percentiles. Put another way, in 2000 a worker in the 75th percentile made 48 percent more than a worker at the median, or 50th percentile. Now, a worker in that group earns 58 percent more. The trends have been similar within education groups. The median income of college graduates in the first quarter of this year was $1,189 a week. Adjusted for inflation, that figure was about 1 percent less than the median 13 years earlier. To make the 90th percentile, a college graduate needed to earn $2,585 a week, a figure that is about 8 percent higher than the 2000 earnings needed.

Those figures are different from total income, in that they ignore investment income as well as bonuses or overtime that is not considered usual. The national median wage in the first quarter of this year was $827 a week. In 2013 dollars, the median wage 13 years before was $819, so the increase is about 1 percent. The figures include all workers over the age of 25. The department said that to reach the 90th percentile — that is, to earn more money than 90 percent of those with jobs — a person needed to earn $1,909 a week. That figure was nearly 9 percent higher than in early 1980. To reach the 10th percentile — earning less money than 90 percent of those with jobs — required an income of $387 a week. After adjusting for inflation, that figure is down 3 percent from 2000. The accompanying charts show the trends over time for the 25th and 75th percentiles, as well as the median and the 10th and 90th percentiles. Put another way, in 2000 a worker in the 75th percentile made 48 percent more than a worker at the median, or 50th percentile. Now, a worker in that group earns 58 percent more. The trends have been similar within education groups. The median income of college graduates in the first quarter of this year was $1,189 a week. Adjusted for inflation, that figure was about 1 percent less than the median 13 years earlier. To make the 90th percentile, a college graduate needed to earn $2,585 a week, a figure that is about 8 percent higher than the 2000 earnings needed.

how about that !

Each series is displayed as an index set to equal 1 in 1947. Q1, Q2, and Q3 are the first (lowest), second, and third quintiles of the income distribution. Inflation adjustment for each series is via the CPIU- RS.

financial repression or wage represion?

“pent-up demand for wage cuts”

get it

the economy takes off nominally...and leaves wage rates behind

the stakes may well cut either way here
there may no0t be  three doors  as mr monte  hall offered
but there are at least  two