What am I missing about your point?
Looks like income dropped following 2020 and hasn’t returned yet… am I miss reading?
Your income maybe didn’t go up, but this isn’t true in general
ChexMax@lemmy.world 4 months ago
iopq@lemmy.world 4 months ago
During the shutdowns there’s a compositional effect of lower wage workers losing their jobs.
I’m talking about the difference from 2019 to now, people are making more money even accounting for inflation
STUPIDVIPGUY@lemmy.world 4 months ago
That graph doesn’t help you, it’s cropped
explodicle@sh.itjust.works 4 months ago
It looks fine on my device, maybe it didn’t finish loading?
iopq@lemmy.world 4 months ago
Click on it?
Rhaedas@fedia.io 4 months ago
Curious what shift there has been in full time/part time numbers. Full time wages going up is great for those who are experiencing it, but if there are less actual full timers, is that an improvement?
The art of a good statistician is to make sure what their numbers are saying is an actual reflection of reality. I'm not saying this graph is falsified, I don't know. But numbers can be made to say anything. I learned this years ago in arguments about what "unemployment" meant. It's much more complex than a single number, but a single number is used in the media because it's easier to paint the picture wanted.
iopq@lemmy.world 4 months ago
More full time jobs
Image
Rhaedas@fedia.io 4 months ago
Yes, definitely increased some. Where's the rest of the data, such as part time or unemployed, or even population growth? Like I said, a single number means not so much without context. But it's an impressive graph.
iopq@lemmy.world 4 months ago
Unemployment is very low
Not really an improvement from 2019, but basically has been around that 4% value for a while
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In fact, president Biden noted “unemployment has been at or below 4% for 30 months—the longest stretch in 50 years.”