30% of the working population are thus excluded, and they are likely all (with some extraordinary exceptions) below the median wage. Which means that 60% of below median wage workers are being excluded (or 51 million people), which is a significant amount compared to the top 1000 people in the above example. Doesn’t say so in the wikipedia article, but easy to tease out when they start weaseling with “fully employed” when a significant amount of the working population are not part time employed by choice.
70% of the US working population are full time workers.
30% of the working population are thus excluded, and they are likely all (with some extraordinary exceptions) below the median wage. Which means that 60% of below median wage workers are being excluded (or 51 million people), which is a significant amount compared to the top 1000 people in the above example. Doesn’t say so in the wikipedia article, but easy to tease out when they start weaseling with “fully employed” when a significant amount of the working population are not part time employed by choice.
I love statistics.
Also thx for the explanation