Typical U.S. full-time salary would be $102k if wages had kept up with growth

Re:Typical U.S. full-time salary would be $102k if wages had... by ChomskyNormal4m on Sunday September 27, 2020 @11:33AM (#24607391)

> Or the greater access to jobs blacks and other minorities have gained in this time.

The black unemployment rate - 13% according to the Federal Reserve - is higher than it was a half century ago.

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Re:Typical U.S. full-time salary would be $102k if wages had... by matthewmacleod on Sunday September 27, 2020 @11:48AM (#24607509)

This is wildly misleading because it’s obviously a terrible time to make any useful historical comparisons. At the end of 2019, unemployment rate among Black people in the US was about 5.5%.

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Re:Typical U.S. full-time salary would be $102k if wages had... by ChomskyNormal4m on Sunday September 27, 2020 @11:56AM (#24607581)

If saying "now" is "terribly misleading" - the Federal Reserve says black unemployment was higher from 2010 to 2012 then it is now.

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Re:Typical U.S. full-time salary would be $102k if wages had... by matthewmacleod on Monday September 28, 2020 @02:03AM (#24613426)

As was the overall unemployment rate! Was there anything that happened just before 2010 that might’ve caused that?

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Re:Typical U.S. full-time salary would be $102k if wages had... by refurb on Sunday September 27, 2020 @11:40AM (#24607446)

Black unemployment was 5% back in November. Lowest in 40 years.

Of course it went up when the gov’t said businesses have to shutdown.

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