fukhueson@lemmy.world to News@lemmy.world · 8 months agoCEO pay declined in 2023: But it has soared 1,085% since 1978 compared with a 24% rise in typical workers’ paywww.epi.orgexternal-linkmessage-square25fedilinkarrow-up1323arrow-down14
arrow-up1319arrow-down1external-linkCEO pay declined in 2023: But it has soared 1,085% since 1978 compared with a 24% rise in typical workers’ paywww.epi.orgfukhueson@lemmy.world to News@lemmy.world · 8 months agomessage-square25fedilink
minus-squareTelodzrum@lemmy.worldlinkfedilinkarrow-up1arrow-down29·8 months agoMisleading headline is misleading. Median household income is up well over 400% in that same period.
minus-squareDeceptichum@quokk.aulinkfedilinkEnglisharrow-up16arrow-down2·8 months agoMedian income was $71K in 1979, it’s $80K today. Inflation matters.
minus-squarebob_omb_battlefield@sh.itjust.workslinkfedilinkarrow-up13·8 months agoI think it’s supposed to be inflation adjusted?
minus-squarefutatorius@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·7 months agoYou’re using nominal rather than inflation-adjusted numbers. That’s misleading.
minus-squareTelodzrum@lemmy.worldlinkfedilinkarrow-up1arrow-down1·7 months agoCool, real wages are up too. And, it’s not at all misleading as the CEO pay figure in this article isn’t adjusted for inflation, either.
Misleading headline is misleading. Median household income is up well over 400% in that same period.
Median income was $71K in 1979, it’s $80K today.
Inflation matters.
I think it’s supposed to be inflation adjusted?
Bruh
You’re using nominal rather than inflation-adjusted numbers. That’s misleading.
Cool, real wages are up too. And, it’s not at all misleading as the CEO pay figure in this article isn’t adjusted for inflation, either.