How would the typical be the median? The median just means that half of a data sample is higher and the other half is lower. The average takes all numbers in the data set and divides it. That provides a closer representation of what the typical person is actually like. That is why it is called the 'average.'No, the typical worker would be the median of the population.
No, you haven't. The rest of us (economist, financial analyst and basically anyone with any economic understand) understand that average hourly earnings is benchmarked to wages, and is what we look at when determining the health of the labour market.I have proven it is.
I'm sorry, but we're not going to dumb down the data just so people like you will have an easier time understanding it. Just because you can't understand the data doesn't mean that the date is wrong.
That is why you look at earnings growth, you rather incompetent individual. That is what I did on my very first post in this discussion.Except that....you have already conceded that the jobs being created currently are not "average wage" jobs...that is unless your argument is so deluded to believe that new employment is paying @ $24.00 per hr.