Re:How Did Work-Life Balance in the U.S. Get So Awful?
by refurb on Saturday June 01, 2013 @02:57PM
(#5805398)
Yes, household income is important, but remember what the household data infers.
You say household income is stagnant and people think "wages haven't increased", when in fact wages have increased, it's just that there are fewer wage earners per household.
That's an important distinction that points to very different solutions.
Re:How Did Work-Life Balance in the U.S. Get So Awful?
by sliverstorm on Saturday June 01, 2013 @03:00PM
(#5805409)
I agree it is important to know both data points.
Re:How Did Work-Life Balance in the U.S. Get So Awful?
by pchristensen on Saturday June 01, 2013 @04:26PM
(#5805816)
My household has one income and 5 people. Many of my colleagues' households have one income and one person, or 2 households and 2 incomes. However, we're far above average household and per-capita income, even for the Bay Area.
I think a good set of metrics to measure what household income is trying to measure would be income-per-employee, incomes-per-household, and household size.
Of course, that probably isn't a popular way to look at it, because the immediate inference is that we could realize significant improvements by shifting society back towards two-parent households, and that grates against current social trends.