▲ 3 r/AskEconomics
Have jobs that provide a living wage without a college diploma evaporated?
I don't recall where I saw this claim, but I'm assuming their definition of "living wage" is something along the lines of "able to cover 25th percentile costs for housing, food, healthcare, and transportation".
Is looking at real compensation over time a fair way to quickly assess this claim? Or would it be more accurate to look at consumption baskets over time (though I'm not sure how you adjust for quality in things like healthcare)?
u/DreadPirateBlobbert — 10 hours ago