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    [OC] Median Wages grew by less than 1% for early and mid career professionals between 2022 and 2023
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    [OC] Median Wages grew by less than 1% for early and mid career professionals between 2022 and 2023

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    1. Chithrai-Thirunal on

      [OC]

      Tools – PowerBI

      Data Source – BLS
      Article – [Read here](https://maarthandam.com/2025/01/04/young-professionals-and-mid-career-workers-saw-lowest-median-wage-growth-between-2022-and-2023/)

      Crux of the stats : For workers aged **15 to 24**, median income crept up from **$54,540 in 2022** to **$54,930 in 2023**, an increase of just **$390** or **0.72%**. 

      Those aged **35 to 44 years**, typically in mid-career roles, saw their median income rise by a mere **$800**, from **$100,500 in 2022** to **$101,300 in 2023**. This translates to a **0.80% increase**

    2. AivasTlamunus on

      Wow, income statistics should always be presented this way. This is so much more useful than a single number.

    4. lnfinity on

      For anyone wondering this appears to be median household income and it was adjusted for inflation using the Consumer Price Index (C-CPI-U). Wage growth outpaced inflation for all age groups, but factors like changes in household size or changes to when people tend to complete their education could explain the different growth for each age group.

    7. Grube_Tuesdays on

      Amazing. It’s almost like older people vote, and vote for policies that benefit older people.