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And, with an average hourly rate of more than $20 an hour, they’ll be bringing home a decent amount of money. Explore More: How To Borrow Money From Cash App: ... Average Hourly Wage: $19.62.
This helps explain why France also has shockingly high rates of youth unemployment: 26% for 15- to 24-year-olds." [98] In 2014 the state with the highest minimum wage in the nation, Washington, exceeded the national average for job growth in the United States. [99] Washington had a job growth rate 0.3% faster than the national average job ...
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 .
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
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]
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