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Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
With most cost of living indexes, the number 100 represents the national average. Then, cities or regions are assigned a number, either above or below 100, based on how they compare to the ...
Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession (two consecutive quarters of negative growth). [35] As of June 2021, the country's GDP was estimated at $1.98 trillion. [36]
This is a list of countries by employment rate, the proportion of employed adults at working age. The definition of "working age" varies: Many sources, including the OECD, use 15–64 years old, [1] but EUROSTAT uses 20–64 years old, [2] the United States Bureau of Labor Statistics uses 16 years old and older (no cut-off at 65 and up), [3] and the Office for National Statistics of the United ...
Australia's new Treasurer on Wednesday said he wanted to see minimum wages rise fast enough to keep pace with surging inflation, as a looming spike in energy prices threatens to worsen a cost-of ...
2021 Australia: Australia and New Zealand: High income 34.3 2018 34.33 2018 Austria: Western Europe: High income 30.7 2021 30.70 2022 28.1 2021 Azerbaijan: Western Asia: Upper middle income 26.6 2005 26.55 2005 Burundi: Eastern Africa: Low income 37.5 2020 38.62 2014 Belgium: Western Europe: High income 26.6 2021 26.70 2022 25.6