Difference between revisions of "File:Screen shot 2013-04-11 at 9.58.53 am.png"
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* '''What''': total wages as a portion of [[gross domestic product|GDP]] | * '''What''': total wages as a portion of [[gross domestic product|GDP]] | ||
* '''Source''': http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4 | * '''Source''': http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4 | ||
| + | ==Notes== | ||
| + | * The descent isn't quite as precipitous as this chart makes it look -- the scale only shows 0.43 to 0.54. These few percentage points, however, are sufficient to drive some very large changes. | ||
| + | * It seems likely that the peaks near each recession are due not to rising wages but falling GDP. It might be interesting to see this graph redone using a ten-year moving average GDP, to smooth out the recessions and see more of what's happening to wages in the short term. | ||
Latest revision as of 12:42, 2 June 2013
- What: total wages as a portion of GDP
- Source: http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4
Notes
- The descent isn't quite as precipitous as this chart makes it look -- the scale only shows 0.43 to 0.54. These few percentage points, however, are sufficient to drive some very large changes.
- It seems likely that the peaks near each recession are due not to rising wages but falling GDP. It might be interesting to see this graph redone using a ten-year moving average GDP, to smooth out the recessions and see more of what's happening to wages in the short term.
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 01:34, 2 June 2013 |  | 906 × 680 (37 KB) | Woozle (talk | contribs) | '''Source''': http://www.businessinsider.com/profits-at-high-wages-at-low-2013-4 |
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