This is definitely an average. Top earners dragging up the average makes it a shit number to use in most economical statistics. Median is better for income figures almost always these days.
Still shocking that Canada is this much worse than the US. It’s also horrible here.
Yes, my takeaway here is that the wealth gap in Canada is not as bad as in the USA (assuming that the median income barely increased in both countries)
This is definitely an average. Top earners dragging up the average makes it a shit number to use in most economical statistics. Median is better for income figures almost always these days.
Still shocking that Canada is this much worse than the US. It’s also horrible here.
Yes, my takeaway here is that the wealth gap in Canada is not as bad as in the USA (assuming that the median income barely increased in both countries)