Lumen wrote: » DYOR. This is a discussion forum, not Quora.
Benedict wrote: » Thank you - but with respect, do you know what the median wage for a ftw is? And would you agree that if it is possible to calculate the average ftw wage, then there is sufficient data to calculate the median wage?
Benedict wrote: » With respect, I just asked the question do you know what the median ftw wage is? (I don't know what DYOR means!)
Deleted User wrote: » From what I've seen the average wage right now is about €47,000 for a full time worker, median is roughly 20-25% less, so median wage for a full time worker is roughly €36,000 to €38,000. I get this from reports I've read from Ireland and other countries in the EU and America. I haven't exact proof of this I don't care what the actual number is but it's nice to have a general idea. People on boards probably earn more than this in general and this skews their perspective. A lot of people in this country are only barely managing month to month.
Benedict wrote: » .............. It's so unfair for those in government to be pretending that 49k is the norm. .............
Benedict wrote: » the other said circa 25% under 49k might be accurate.
Augeo wrote: » Statistically 40k gross is doing well? What stat is that with respect to full time workers?
Augeo wrote: » Iirc they said it was the average? If........ that's true for the median........... you reckon 40k gross is doing well?
Benedict wrote: » 2 questions for you - do you honestly think that when Leo looks at the camera and announces that the average full time wage is now 49k and that is what the "average person" can expect to earn - do you think he is trying to give the impression that 49k is the typical wage for a full time worker? And can you imagine him adding "by the way, most ftw don't earn anything like 49k" (which would be the truth)?
Benedict wrote: » Yes, I'm inclined to agree. I've quoted 2 economists on this thread and they would tend to concur - one reckoned about 64% of ftw were earning less than the touted 49k - the other said circa 25% under 49k might be accurate.
Geuze wrote: » Here is another complication. As COVID has disproportionately hit lower earners, the composition of the labour market has changed. So mean earnings are rising a lot at the moment, as the lower earners drop out.https://www.cso.ie/en/releasesandpublications/er/elcq/earningsandlabourcostsq32020finalq42020preliminaryestimates/ Mean hourly earnings are up 5.5%!!!!!, in the middle of a savage recession. This just shows - always watch out for compositional effects!!
Benedict wrote: » It occurs to me that this could (in theory at least) actually shrink the gap between the average (or mean) and the median by shifting the median meridian upwards.
Cyrus wrote: » how so? the average is the average. It hasnt been mis reported, we are doing exactly as reported. End of story.
Benedict wrote: » The clear impression is given that 49k is typical. Omitting the fact that most ftw don't earn anything like 49k (and I've quoted 2 economists in support of this) is a lie of omission. If you're clever, you can use facts to tell lies.
Benedict wrote: » ............... End of story.
Benedict wrote: » If you're clever, you can use facts to tell lies.
hots wrote: » I mean that's not really what's happening though. I would agree with you wholeheartedly if he was actually conflating the terms by the way, and people definitely do that "innocently" all the time which is crap. But when he's using the correct terms and numbers there's no issue.
Benedict wrote: » In a court of law, you're not just told to tell the truth, you're told to tell the "whole truth". Telling the public that the average ftw is 49k without adding that most ftw are not getting anything like that amount is not telling the "whole truth". I repeat, the "whole truth".
Benedict wrote: » In a court of law, you're not just told to tell the truth, you're told to tell the "whole truth". Telling the public that the average ftw is 49k without adding that most ftw are not getting anything like that amount is not telling the "whole truth". Most people think of "average" as meaning "typical".
Peregrinus wrote: » Mate, telling the public that the average ftw is 49k without adding that the earth orbits the sun rather than the other way around is also not telling the "whole truth" In a court of law you may take an oath to tell the "whole truth", but in fact you don't; you just answer the questions you're asked. one.
Benedict wrote: » ............ And when you give the impression that the typical ftw wage is 49k it is important to add that most ftw don't earn anything like that...........
Bif wrote: » Vradkar continually mentioning the “median” wage in relation to living wage proposals he was explaining on media today.