44% of Fully Employed Americans earning $18,000 or less

[rapbeats]

Great Employment Numbers: 44% of Fully Employed Make $18,000 a Year or Less

Crazy stat. This is coming from the Brookings Institute by the way which is generally considered a conservative think tank. Peep the video interview with Richard Wolff too. Really goes into depth about why the unemployment numbers look the way they do.

without even touching the link and thanks for posting this.

what do we all know and see with our own eyes?
too many people trying to get into the gig economy to at first supplement their wack current income. meaning they were not making ish so they ran to uber, etc to hopefully make enough to make ends meet. anytime you have a large population of people that feel they HAVE to take up a second job for an extended period of time. you have a problem with wages, employment, and probably the cost of housing.

but it gets worse, some of those same people that ran out to the gig economy to have a 2nd job are now working the gig jobs as their #1 and only job. not because it pays so well ,but because the other job was lost or that job didnt pay jack. so they think might as well go full time with uber, etc.

 

[OfTheCross]

i assume they are talking about Debt. For example I have family in the '3rd world' and while they make little, they don't have the 1st world stress many have when it comes to bills. Not saying their life is any better just providing context.

 

[IrateMastermind]

What does purchasing power have to do with how little people are earning globally?

Consider 20k in Nyc to 20k in small town USA. Every dollar ain’t the same.

cost of living matters. The stat is normally used in disingenuous ways.

I know in a border town like Mexicali 20k goes way further than that same 20k in calexico. I’ve been to both.

 

[analog]

Consider 20k in Nyc to 20k in small town USA. Every dollar ain’t the same.

cost of living matters. The stat is normally used in disingenuous ways.

I know in a border town like Mexicali 20k goes way further than that same 20k in calexico. I’ve been to both.

Right.

So, if I'm making 20K in NYC, what does it matter how much further my dollar would go in small town USA or Mexico? Are you advocating for relocation to areas with lower cost living at the expense of quality of life and earning potential?

 

[88m3]

Right.

So, if I'm making 20K in NYC, what does it matter how much further my dollar would go in small town USA or Mexico? Are you advocating for relocation to areas with lower cost living at the expense of quality of life and earning potential?

bruh...

 

[Cynic]

That jobs report was misleading breh.

 

[Gus Money]

Why y'all saying it's misleading?

If you're making $10 you broke

They need a reason to not care about poor people, so saying it's misleading makes them feel better about not giving a fukk. Statistics don't matter if you've already decided your POV.

 

[IrateMastermind]

Right.

So, if I'm making 20K in NYC, what does it matter how much further my dollar would go in small town USA or Mexico? Are you advocating for relocation to areas with lower cost living at the expense of quality of life and earning potential?

if it don’t matter to you it don’t matter. That’s your decision.

Not advocating anything.

 

[Geek Nasty]

Horrible. Bernie is the first viable chance in generations who's gonna throw sand into the engine of our bloodless capitalist machine.

Sanders is ranting, Warren is telling you exactly how shes going to do it

 

[Deflatedhoopdreams]

They need a reason to not care about poor people, so saying it's misleading makes them feel better about not giving a fukk. Statistics don't matter if you've already decided your POV.

Right.

 

[DEAD7]

Why y'all saying it's misleading?

According to the Bureau of Labor Statistics
Bureau of Labor Statistics

The Bureau of Labor Statistics is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS is a governmental statistical agen…

en.wikipedia.org
(BLS), the median wage for workers in the United States in the first quarter of 2019 was $905 per week or $47,060 per year for a 40-hour workweek. Wages were 2.7% higher than on the same date for the previous year.



The gig economy greatly distorts the area of the economy they are trying to focus on, by including millions who aren't trying to earn a living.

 

[DEAD7]

They need a reason to not care about poor people, so saying it's misleading makes them feel better about not giving a fukk. Statistics don't matter if you've already decided your POV.

Disagreeing with this piece = not caring about poor people? Alright.

 

[OfTheCross]

According to the Bureau of Labor Statistics
Bureau of Labor Statistics

The Bureau of Labor Statistics is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS is a governmental statistical agen…

en.wikipedia.org
(BLS), the median wage for workers in the United States in the first quarter of 2019 was $905 per week or $47,060 per year for a 40-hour workweek. Wages were 2.7% higher than on the same date for the previous year.



The gig economy greatly distorts the area of the economy they are trying to focus on, by including millions who aren't trying to earn a living.

What if...

BLS is counting all income sources, no matter how many jobs you have.

Brookings is counting per full time job.

 

[NkrumahWasRight Is Wrong]

Its very misleading. This statistic alone, doesn't mean a whole lot.
Its just another appeal to emotion.

Rental income doesnt count as earned income as one example

 

[DEAD7]

"Inside of those unemployment numbers is a stark reality, that 44% of American workers live or get less than $18,000 a year, more or less."

@ＯｆＴｈｅＣｒｏｓｓ You really don't see how this is misleading?...
Alright fam.