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calvinmorrisontoday at 4:13 PM1 replyview on HN

I'd like to see this but - not sure if it is already - adjusted by total pay. so # employed * average salary.

A -4.0% hit to cashiers may have less of an impact than -4.0% to lawyers or another category that is propping up the middle of the economy with spending.


Replies

technotonytoday at 4:27 PM

It's the other way around. Cashier's spend their 4 percent, where's the lawyers probably save it. Though of course median salary for the two categories means 4 percent change is different in absolute dollars