Birdwatch Note Rating
2023-07-27 23:43:32 UTC - HELPFUL
Rated by Participant: B823BA4FC1BAE74C90AAFC7B2C26E55DB4CEAB6AF50CAF3A0FFA19B44E6B079E
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Original Note:
In 1932, the US Department of Labor estimated that the average annual wage was $928.72 per year ($19,815.44 in current 2023 dollars). The tweet above incorrectly cites a Depression Era income that is 4.5 times higher than reality. Page 2 gives weekly wage of $17.86 in 1932: https://fraser.stlouisfed.org/files/docs/publications/bls/he_bls_1942.pdf
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