Re: real wages down for 95% of US workers since 2000
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"If you add jobs at the low end of the wage scale, even if real wages go up for every person who was already working, average real wage can still go down."
It wasn't that average real wage went down. It was that real wages went down for over 95% of working people.
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My reading was that the median wage for several groups of people, together adding up to >95% of people, decreased:
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Less than four percent of workers were in educational groups that enjoyed increases in mean real money earnings from 2000 to 2005; mean real money earnings rose for workers with doctorates and professional graduate degrees and fell for all others.
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