Birdwatch Note Rating
2024-03-30 13:58:55 UTC - HELPFUL
Rated by Participant: C55BFFC57B07BE9D165E69C7EB8E8A6A5E96643EB9ACACF006CA77D14BEDE24C
Participant Details
Original Note:
Author compares average earnings to price index implying typical person is better off. However, averages can be pulled upward by a few outliers so it is more accurate to examine median earnings. Median real earnings are lower now compared to April 2020: https://fred.stlouisfed.org/graph/fredgraph.png?g=1jeEg
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