Wanderer78 wrote: » remember now!
Augeo wrote: » The earn fnck all don't have their hand out?
Benedict wrote: » Incidentally, surely in order to establish the average, enough data must be available to also establish the median! .
Wanderer78 wrote: » i ll stick with respected economic commentators opinions, and the facts that are used, and the facts that i have found myself
stefanovich wrote: » Micheal Hudson is a communist though. Generally not a good idea to listen to them when it comes to economics. They just want big government at any cost.
crossman47 wrote: » So ESRI are not respected?
crossman47 wrote: » That is not true. some earnings series compiled by CSO are based on aggregate returns from employers i.e. total employees, total earnings, etc. from these you can get a mean but not a median. I think they distinguish full time so you can also get a mean for those. Another series that does have a median comes from tax returns for individuals but these do not distinguish full and part time. Its not as easy as you seem to think. Nobody is trying to fool anyone .
Cyrus wrote: » i remember re nua ran on an economic platform advocating a flat tax, they got no traction. in reality it makes a lot of sense and removes the disincentive for progression that exists at the crossover between between the low and high rate.
Eric Cartman wrote: » They got no traction because of their stance on abortion. A fiscally conservative party with a free vote on social issues is what we need, not bible thumpers with 1 good idea
Interested Observer wrote: » According to the ERSI income inequality in Ireland is falling.
Geuze wrote: » Correct. Income inequality has fallen in Ireland. Now, it is possible to debate that the measures of income inequality only measure income, and don't take a wider view, fair enough. Michael Taft is arguing that:https://notesonthefront.typepad.com/politicaleconomy/2021/02/the-gini-coefficient-and-sushi.html
Benedict wrote: » I don't think it's "easy" but surely it's doable? Does nobody have sufficient data to establish a median wage figure for FT workers?
Wanderer78 wrote: » what about overall wealth inequality?
The Gini coefficient for net wealth in 2018 is 0.67, compared to 0.75 in 2013, indicating a reduction in wealth inequality over this five-year period.
Chips Lovell wrote: » CSO measures it every five years. Last one was 2018 and saw wealth inequality declining:
Geuze wrote: » I provided the Eurostat figures for Ireland a few pages back.
Benedict wrote: » Apologies Geuze, I understood that a median on FT wages was not available - could you indulge me and repeat the figure - if you know it? Perhaps I became muddled by graphs, figures etc. My question is, what is the median wage for FT workers?
stefanovich wrote: » You need to know individual salaries to calculate that. Revenue should have that data.
Benedict wrote: » Should have - yes, but I can't find it - can you? Geuze appears to have the elusive figure. Hopefully he will tell us what it is. The UK have published the median FT wage as I have shown.
crossman47 wrote: » I think the problem is that CSO have replaced the Structure of Earnings Survey (which gave a median for 2014) with data based on administrative sources (Revenue) https://www.cso.ie/en/releasesandpublications/ep/p-eaads/earningsanalysisusingadministrativedatasources2018/backgroundnotes/. This specifically states full and part time are not distinguished. No doubt this was an attempt by CSO to use existing sources and not burden employers with further form filling. I did post this estimate already : In 2018 for all workers, the median was 36k when the mean was 44k. Based on that, I would think the median for full time workers must be in the region of 38 to 41K. I don't think its possible for CSO to calculate a median as they base their data on aggregate data from employers.
Benedict wrote: » Apologies Geuze, I understood that a median on FT wages was not available - could you indulge me and repeat the figure - if you know it? Perhaps I became muddled by graphs, figures etc.
ELM327 wrote: » The median is skewed as most large companies provide mean average salaries rather than person per person info.
Geuze wrote: » See posts 106 and 107. Also 44, 45, 46.
Benedict wrote: » Look Geuze, Leo is able to give a figure and say this is the average. He doesn't present us with a litany of "income by age" "income by sex" blah blah. It's a single figure just below 49k The UK median wages for FT workers is a single figure - not a plethora of graphs and a litany of qualifications. As far as you are aware: (a) is there a figure for a median salary/wages for FT worker? (b) do you know what it is? (c) If you know, can you just say what it is ple-e-ease? (d) If you don't know, then thanks anyway - but please say so.
stefanovich wrote: » https://data.gov.ie/dataset/bution-of-income-tax-by-type-of-gross-income-range-of-gross-income-marital-status-year-and-statistic
Larbre34 wrote: » If that's what you really believe, that the particulars of jobs employers can't quickly fill, are an accurate portrayal of employment and salaries in Ireland, then I don't know where to begin with explaining how stupid your outlook is. Do you have any concept of the number of jobs and sectors that never get near being advertised and the salaries that accompany them? Good lord.
Benedict wrote: » Still don't see any figure for median wage for FT workers?
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