2007-12-13 15:18:36 · 3 answers · asked by basebll824 2 in Social Science ➔ Economics
In 2006 $16.31 and if you add benefits $19.57 per hour for non supervisory workers. To get yearly income figure about 2000 hr per year for full time work.
http://www.visualizingeconomics.com/2007/11/04/has-middle-americas-wages-stagnated/
2007-12-13 15:33:52 · answer #1 · answered by meg 7 · 0⤊ 0⤋
The hourly wage by Meg is correct, but that is only non supervisory workers. The median wage is about 40k. Im not sure about this part, but I believe mean wage is a little over 60k, but dont quote me on that one. The median household income is about $52k.
GDP per capita is about 42k, but this includes all output in an economy. Capital earns some of this though dividends and interest. Also some output from labor and capital is collected in indirrect taxes that you dont see in your paysheck. A good portion of the corporate income tax for example falls on labor and is reflected in a lower wage or higher prices of goods, so this output is not reflected in wage data, hence how GDP/capita (which is output per person, not worker, can be much higher then the mean wage suggests)
2007-12-14 17:00:19 · answer #2 · answered by tv 4 · 0⤊ 0⤋
well GDP per capital is around $30K, and it is probably about accurate. While some of that income is received as dividends and interest rather than wages, there are plenty of people who do not contribute to GDP, such as children, retired and unemployed.
2007-12-13 23:29:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋