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| administrator, drm, business, newsgeek, higher education, ice t, words, earn commission, pam spaulding, mp3, university, advanced, concert, forums, electric guitar, buy, pop, | So it is not accurate to suggest, as others have, that all the good-paying jobs are going away and the only jobs being created to replace them are minimum-wage jobs. However, it is overreaching somewhat to say that "there are not significantly more minimum-wage jobs now than before." The median income figure, by itself, is not sufficient to the conclusion. It is entirely possible — music promotion unlikely, but possible — that a significant number of people that previously made $15/hr (for instance, as unskilled music promotion factory labor) have moved into jobs music promotion that pay minimum wage. Such a shift would not affect the median income figure, since both jobs fall below it — although mean income, or arithmetic average, might suffer. |
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| [ ...reply just to this | comment on the story... | next new electric guitar ] 79. Re: More jobs... at Walmart by Amizeye Waswhirr at Wed 31 Aug 7:49pmscore of 1 in reply to comment 57 I'm more than half right. Yes, you are. This last is a much better expansion of your point. The half I was referring to previously electric guitar was your definition of "median," which was incorrect. The median is the number above which there are exactly as many data points as those that fall below it — electric guitar the "middle number." As you just reiterated, if the median income figure did not change, then we can conclude that the number of jobs lost and gained did not change the balance of low-paying to high-paying jobs, ie, for every job created (or lost) below the median figure, a job above it was also created (or lost). |
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