If Wages Had Kept Up With GDP, This Is What The Median Salary Would Be In The US

Video Credit: Wochit Entertainment
Published on September 20, 2020 - Duration: 00:34s

If Wages Had Kept Up With GDP, This Is What The Median Salary Would Be In The US

Wages in the US have not kept up with the pace of growth in the gross domestic product, or GDP, as they used to in the 1950s and 1960s.

In fact, a new report finds that the median salary would have been as high as $102,000 for a full-time employee if wages increased at the same pace as GDP.

According to Business Insider, the median income right now is half that, at $50,000.

The average wage of 44% of workers before the pandemic was as low as $18,000.

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