return2ozma@lemmy.world to News@lemmy.world · 3 days agoFear of job loss hits its highest point in years—but workers won’t accept less than $81,000fortune.comexternal-linkmessage-square23fedilinkarrow-up1104arrow-down110cross-posted to: workreform@lemmy.world
arrow-up194arrow-down1external-linkFear of job loss hits its highest point in years—but workers won’t accept less than $81,000fortune.comreturn2ozma@lemmy.world to News@lemmy.world · 3 days agomessage-square23fedilinkcross-posted to: workreform@lemmy.world
minus-squarehuginn@feddit.itlinkfedilinkarrow-up19arrow-down1·3 days agoThe equivalent of 81k today is 62k in 2016. If you graduated in 2016 and entered the workforce 62k would’ve been starvation wages in a lot of cities, but could sit you ok most other places.
minus-squareDagwood222@lemm.eelinkfedilinkarrow-up14·2 days agoIn 1960 the minimum wage was $1.00 an hour in the US. The price of the average US home was $11,000.00. Today it takes two college grads to achieve what a high school drop out could do 70 years ago. Progress!
The equivalent of 81k today is 62k in 2016.
If you graduated in 2016 and entered the workforce 62k would’ve been starvation wages in a lot of cities, but could sit you ok most other places.
In 1960 the minimum wage was $1.00 an hour in the US. The price of the average US home was $11,000.00.
Today it takes two college grads to achieve what a high school drop out could do 70 years ago. Progress!