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[-] bnrnrtbgd@sh.itjust.works 32 points 5 days ago

They never said anything about minimum wage.

[-] JohnDClay@sh.itjust.works 4 points 4 days ago

In 2023 median hourly wage was $19.24/h, vs in 1979 it was $4.44/h or $19.56/h inflation adjusted. (This data doesn't go back to 1965 unfortunately)

https://www.statista.com/statistics/185335/median-hourly-earnings-of-wage-and-salary-workers/

[-] prole@lemmy.blahaj.zone 5 points 4 days ago

There is a reason median is used here... If you take into account the massive (and constantly growing) income gap, it's obvious that things have gotten worse for the average American.

[-] JohnDClay@sh.itjust.works 4 points 4 days ago

You've got it backwards, median takes into account income gap better. Mean would be much higher today because of the increasing income gap. That is why I used the median, so that interesting inequality would be less of a factor.

this post was submitted on 13 May 2025
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