How is this possible?
"more than 80 percent of California jobs paid under the median income"
I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
"more than 80 percent of California jobs paid under the median income"
I can see under the mean or average, but median? How can 80% be below the median when the definition of median is 50% are below this value?
https://www.chapman.edu/communication/_files/beyond-feudalis...
Which is saying that 80% of new jobs were created at wage levels below the median level. E.g. they are looking at ~1.8 million jobs added from 2008-2018 and comparing it to the median wage in 2018 out of the ~19 million people working in California.
EDIT: nvm, mikeymouse's comment explains it.
So your jobs each pay X, but your income is 2X.